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The Golden Era: Factors which shaped the Hollywood System between 1930 and 1950. With this essay I aim to highlight the factors which shaped the Hollywood system between the years 1930 to 1950. I will discuss various factors as to why the Hollywood System emerged as it did. The key point, however ?the overriding factor ?can be narrowed down to the stranglehold which the five major companies help over film exhibition. The structure upon which these studios controlled the industry was built upon oligopolitic practices, whereby only a handful of concerns held economic sway over the industry as a whole. This was recognised by America’s Justice Department and Supreme Courts in their implementation of anti-trust legislation. I intend to show that, while the studios profited from their production and distribution networks, the very thing which propelled their power would ultimately lead to their demise. The coming of sound in 1927, and the knawing effects of the Great Depression of 1929, threw the American film industry into a slump, which, had it not been for the financial backing of wealthy New York banks, and the intervention of President Roosevelt, may well have sunk, or, at least, seriously set back the industry irr