Competition
In the mid-1910s, several members of the black community established their own film studios. The increased cost of movie making in the 1920s and the widespread economic effects of the Great Depression forced most independent black film producers out of business. The African-American community did not have the financial resources, especially in hard times, to sustain independent black film enterprises.
Read more about this topic: Lincoln Motion Picture Company
Famous quotes containing the word competition:
“So long as the system of competition in the production and exchange of the means of life goes on, the degradation of the arts will go on; and if that system is to last for ever, then art is doomed, and will surely die; that is to say, civilization will die.”
—William Morris (1834–1896)
“Like many businessmen of genius he learned that free competition was wasteful, monopoly efficient. And so he simply set about achieving that efficient monopoly.”
—Mario Puzo (b. 1920)
“Like many businessmen of genius he learned that free competition was wasteful, monopoly efficient. And so he simply set about achieving that efficient monopoly.”
—Mario Puzo (b. 1920)