Just as in old Hollywood, the agency model is not economically sustainable.
FORBES: Will There Be A Hollywood Ending For Madison Avenue?
With the writers' strike increasingly wreaking havoc on media company bottom lines, to say nothing of the industry's declining ratings and box office attendance, Hollywood's economic model is poised to undergo a big change in 2008.
These films became a production model for early Hollywood, but they originated as a publicity stunt for the Chicago Tribune, which was in a fierce circulation war with other Chicago dailies.
Next up is Vudu's new HDX format -- the tech and quality is good, but we think it'd be better served by a subscription model and blame Hollywood for keeping that from materializing.
Yesterday, Hollywood icon George Clooney and Italian model Elisabetta Canalis announced the end of their two-year relationship.
FORBES: Elisabetta Canalis Isn't Good Enough For George Clooney?
But if Google finds that additional advertising more than offsets the cost of producing original content, it is likely that the business model gap between Silicon Valley and Hollywood will persist.
Hollywood isn't entirely off our role-model radar, though, as a few celebrities have made the list fully equipped with a positive attitude and a scandal-free rap sheet.
The list of 78 witnesses named by Mr Berlusconi includes Real Madrid footballer Cristiano Ronaldo, Hollywood star George Clooney and his girlfriend, and the Italian model and TV star Elisabetta Canalis.
Stars including Jimmy Wong Yue, Ti Lung and Tso Tat-wah were the first to model their hands for the, Avenue of Stars, modelled on Hollywood's walk of fame.
BBC: NEWS | Entertainment | Hong Kong stars get walk of fame
After the events of 1912, and the recent Hollywood reminder, it might seem that nobody in their right mind would consider building another model of the Titanic.
But it may be a mistake to allow the model's predictions to interfere too much with the creative process: many filmgoers feel that Hollywood movies are formulaic enough as it is.
It has moved squarely onto Mr Murdoch's turf, offering Hollywood films as well as football, and shifting from a pay-per-view strategy to a subscription model.
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