WEBVTT - Rush Limbaugh July 4th, 2017

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<v Speaker 1>My friends, A picture looks grim for the big film studios.

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<v Speaker 1>The will Street Journal says this year's Oscars took place

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<v Speaker 1>during one of the gloomiest times for the movie industry

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<v Speaker 1>in recent memory. Paramount lost almost half a billion dollars

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<v Speaker 1>last year, Sony wrote off almost a billion. None of

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<v Speaker 1>the movies up for Best Picture made a hundred million dollars.

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<v Speaker 1>That's considered to break even point from major movies. According

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<v Speaker 1>to a survey by the Hollywood Reporters, sixty percent of

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<v Speaker 1>you could not name a single movie nominated for Best Picture. Now,

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<v Speaker 1>the journalists some reasons for all this. One, fewer people

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<v Speaker 1>go to the movies because the Netflix, HBO and other

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<v Speaker 1>ways of watching to lack of originality. Most big studio

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<v Speaker 1>movies are based on comic books, best selling novels, or

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<v Speaker 1>old franchises like Star Wars and Three Big Stars. Sky

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<v Speaker 1>high pay is hurting the bottom line. Now, these explanations

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<v Speaker 1>make sense as far as they go, but the journal

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<v Speaker 1>leaves out a big reason that big movie is laying

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<v Speaker 1>an egg, and that's pot politics. The endless tie rage

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<v Speaker 1>from hardcore liberal actors have turned off millions of their

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<v Speaker 1>former customers. Hollywood is totally disconnected from much of its audience,

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<v Speaker 1>and with so many stars suffering Trump derangement syndrome that's

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<v Speaker 1>not going to get better anytime soon. Liberalism is why

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<v Speaker 1>so many Americans think that Hollywood values just aren't worth

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<v Speaker 1>paying to see. Who wants to be insulted and slapped

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<v Speaker 1>in the face three straight hours