Disintegrating
The final chapter follows the decline of the studio system. Toward the late 1940s, political and economic factors such as the rise of television and changes in the tax code, pushed film production away from the studio system and towards a system based more and more on “spot production” or separate deals. Furthermore, the Paramount decision handed down by the Supreme Court ended vertical integration and eroded the power of the major film companies. Changes in labor practices followed, as demonstrated by the career of actors like Gino Corrado and producers like Hal Wallis. As the “stock-company” model ended, and the number of long-term contracts declined, new forces, particularly talent agents such as Lew Wasserman became the power brokers of the new Hollywood.