The Oscars, the Movies and TV

Oscar night has long been the entertainment event of the year, both in Hollywood and in living rooms across the country. There is nothing more glamorous than walking on the red carpet or getting the Academy's applause. Yet a growing number of writers and producers are moving to television, once considered film's poor cousin. Critics have been arguing that shows like Grey's Anatomy, 24 or Lost are more innovative and more gripping than the movies. Is it true that the studios have dumbed-down movies? With more entertainment being made available on the Internet, are the movies going to be eclipsed completely as the home of great drama? Guest host Jim Sterngold speaks with industry insiders.