Meaning: This quote by Peter Bart, the former editor of Variety magazine, sheds light on the transformation of Hollywood as an industry. It reflects the growing influence of multinational corporations in the entertainment business and their changing attitudes towards movies and TV shows. In the following analysis, we will delve into the historical context of Hollywood, the impact of multinational corporations, and the evolving dynamics of the entertainment industry.

Hollywood has always been synonymous with the glitz and glamour of the film industry, known for producing iconic movies and television shows that have captivated audiences worldwide. However, the landscape of Hollywood has undergone significant changes over the years, particularly in its ownership and corporate structure. In the early years of the film industry, Hollywood was characterized by independent studios and filmmakers who operated within a relatively decentralized and creative environment.

However, as the industry grew and evolved, the influence of multinational corporations began to permeate the Hollywood landscape. These corporations, often operating in diverse sectors such as technology, telecommunications, and media, recognized the potential profitability of the entertainment industry and sought to capitalize on it. Consequently, Hollywood became increasingly integrated into the operations of these multinational conglomerates, leading to a shift in the way movies and TV shows were perceived and managed.

Peter Bart's assertion that multinational corporations view movies and TV shows as a "minor irritant" to their overall activity reflects a broader trend in the entertainment industry. With the expansion of multinational ownership, the priorities and strategies of these corporations have influenced the creative and commercial aspects of filmmaking and television production. Instead of being the primary focus, movies and TV shows have become a smaller component within the larger portfolio of activities and investments managed by these corporations.

This shift in perspective has implications for the creative autonomy and artistic freedom traditionally associated with Hollywood. As multinational corporations exert their influence, there is a tendency towards prioritizing commercial viability and branding over creative risk-taking and original storytelling. This trend has sparked debates about the impact of corporate control on the diversity and quality of content produced in the industry.

Furthermore, the quote also highlights the tension between artistic expression and corporate interests within the entertainment industry. While multinational corporations bring substantial financial resources and global reach to Hollywood, their business-driven approach can sometimes clash with the creative vision of filmmakers and content creators. This dynamic has led to discussions about the balance between commercial success and artistic integrity in an industry increasingly shaped by corporate imperatives.

In conclusion, Peter Bart's quote encapsulates the evolving dynamics of Hollywood as it grapples with the growing influence of multinational corporations. The quote serves as a poignant commentary on the shifting priorities and power dynamics within the entertainment industry, raising important questions about the intersection of commerce and creativity in Hollywood. As the industry continues to navigate these changes, it remains to be seen how the relationship between multinational corporations and the world of movies and TV shows will evolve in the years to come.