Kim Masters on the Recession in Hollywood
The recession and the general malaise of the media industry has hit hard. KCRW’s Kim Masters talks with NPR’s Steve Inskeep about the economic impact on Hollywood.
The recession and the general malaise of the media industry has hit hard. KCRW’s Kim Masters talks with NPR’s Steve Inskeep about the economic impact on Hollywood.

The Business is public radio's show about the business of show business. This entertaining half-hour about the people who make entertainment is hosted by Kim Masters, who most recently covered the business for National Public Radio. She's served as a contributing editor at Vanity Fair, Time and Esquire and is the author of The Keys to the Kingdom: The Rise of Michael Eisner and the Fall of Everybody Else and co-author, with Nancy Griffin, of Hit & Run: How Jon Peters and Peter Guber Took Sony for a Ride in Hollywood.
Photo credit: Marc Goldstein
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A new book argues that media moguls act like spoiled brats, squandering the shareholders' money on toys that they don't really need. Plus, how do you create a TV spin-off that's original but not too original? We ask the producer of the CBS shows NCIS and the brand new NCIS: Los Angeles.
This week, how the recession and major changes in the entertainment industry are impacting the lives of film and TV writers. Plus, Disney and Universal are the latest studios to shake up the executives suites and send a tremor through the industry.
A producer who was haunted by passing on the Blair Witch Project produces a low-budget horror film with big hopes of redemption. Plus Irving Thalberg changed the studio system. Now his life is on display.
This week, fans came out in full force to a recent celebration of all things Disney. But major changes are afoot in the Magic Kingdom. Plus, was the Toronto Film Festival a bloodbath for indie filmmakers or just a shift in the life cycle of independent film?
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Disney buys Marvel Entertainment for $4 billion. Is it a super deal or super dud? Plus, the division and drama continues in Hollywood's labor unions, and two top TV producers and their money-making program they call the "total engagement experience."
Programming note: This program will be not air on KCRW as it will be pre-empted by special Labor Day programming. It will be available as a podcast and on demand, and will be archived online.
The producers of the hit show Ghost Whisperer on making great TV…and a successful marriage. Plus, we talk to the newly-elected president of the Academy of Motion Pictures Arts and Sciences.
India's Reliance Big just made a major investment in Steven Spielberg's DreamWorks. Has another sucker landed on our shores, or has Hollywood finally met its match? And while India is coming to Hollywood, one Hollywood production went to India – tales from Bombay with the producers of Bollywood Hero.
Documentaries used to be relegated to PBS and college classrooms, but these days, they're just as liable to come to theater near you. We talk to Sheila Nevins, who's had a big part in growing of the nonfiction business as head of HBO Docs for the past three decades. Plus, we revisit our session with Hollywood therapist Dennis Palumbo.
This week, we look at the arcane, historical, fantastical and off-color jargon of the movie set. Plus, when good executives recut bad films...inside the mind of a cinematic scissorhands.
This week, The Business goes to "The Con," the annual nerd-fest know as Comic-Con that’s become a major marketing stop for Hollywood. Plus, a new documentary looks at Ozploitation...
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Former entertainment-industry correspondent for National Public Radio, she's served as a contributing editor at Vanity Fair, Time and Esquire and is the author of The Keys to the Kingdom: The Rise of Michael Eisner and the Fall of Everybody Else and co-author with Nancy Griffin of Hit & Run: How Jon Peters and Peter Guber Took Sony for a Ride in Hollywood.
From 1990 through 1996, Masters covered politics for the Washington Post's 'Style' section. Her work has also appeared in the Los Angeles Times, the New York Times, the Boston Globe and the Philadelphia Inquirer.
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A CD copy of The Business is available by calling 1.888.600.5279. Transcripts are not available.
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