Hollywood for the 21st Century: Global Competition for Critical Mass in Image Markets

This article undertakes a critique of the arguments put forward by Michael Storper and Susan Christopherson which suggest that the development of Hollywood's motion picture industry can be understood in terms of the flexible specialization perspective. It puts forward an alternative perspective that views transformations in the film and media industries in terms, rather, of increasing globalism and corporate integration. This alternative approach is rooted in the particular properties of the media industries and media product. Copyright 1992 by Oxford University Press.