Articles concerning: Holywood

Hollywood films are one of America’s most powerful “exports,” and the globalization of U.S. films, and their values, is a phenomenon both celebrated and lamented. Academic researchers have been doing increasing work in the business of film (for an overview, see “The Economics of Movies: A Literature Survey,” in the Journal of Economic Surveys.)

Meeting famous people is often a surreal experience for both parties. In 1956 when Elvis Presley arrived in Hollywood he and his entourage stayed at the Hollywood Roosevelt Hotel. One day he got into the elevator. "What floor?" asked the operator. "Tenth please." The operator looked at him with disdain. "You can't go up to the tenth floor. Elvis Presley is staying there. No one is allowed there." A bemused Presley said," I know. I'm Elvis." The hotel employee stared at him for a long moment then said," Well I don't care who you are, you can't go to the tenth floor." The amiable singer agreed to go to the eleventh floor and walked down the stairs to the tenth.

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