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:
“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)
“The praise of ancient authors proceeds not from the reverence of the dead, but from the competition and mutual envy of the living.”
—Thomas Hobbes (1588–1679)
“Never before has a generation of parents faced such awesome competition with the mass media for their children’s attention. While parents tout the virtues of premarital virginity, drug-free living, nonviolent resolution of social conflict, or character over physical appearance, their values are daily challenged by television soaps, rock music lyrics, tabloid headlines, and movie scenes extolling the importance of physical appearance and conformity.”
—Marianne E. Neifert (20th century)