Hollyworld is an attempt to understand the Hollywood film industry from the perspective of international political economy. Professor Hozic wanted to know, in particular, how power was distributed within the industry. She took as her point of departure the theories of Gary Gereffi about the relative power of manufacturers and distributors in what Gereffi calls “commodity chains.” In the book, she argued that the industry was controlled by manufacturers (the studios) from the 1920s to the 1950s, but after that it increasingly was controlled by the distributors.
She also argued that the film industry came to be strongly influenced by the defense industry from the 1970s on, incorporating many advanced electronics and simulation technologies that had been developed for the military. In my view, this argument was not as well supported as the one about the relative power of manufacturers and distributors.
Nevertheless, the book is a solid work of a serious scholar. There really is nothing like it in the field. The closest previous work would be that of Mae Huttig, Economic Control of the Motion Picture Industry (1944). More recent works by Douglas Gomery, David Waterman, and Edward Jay Epstein do not focus specifically on the power of manufacturers vs. distributors but do provide additional evidence in support of Professor Hozic’s thesis. Take the four books together and you have the foundations for a new political economy of the film industry.