Hollywood played it safe in 2011, with a big slate of sequels and re-makes. Hollywood, studio executives thought they were in for a banner year, predicting a year-end finish with record revenues. That happy ending hasn't happened. Projected revenues for the year are actually down by four percent, and movie crowds have dipped to a 16-year low. Steve Pond of The Wrap.com, has been writing about popular culture and the entertainment industry for more than 25 years. He's also author of The Big Show: High Times and Dirty Dealings Backstage at the Academy Awards.