Question

The central reason the major conglomerates bought Hollywood studios in the 1970s and 80s was

a. they had a large asset base that could be sold off for profit.

b. they realized that the studios back catalog of films would be very valuable on home video.

c. they had the highest rate of return on investment of any other major industry.

d. they added an element of prestige to the conglomerates holdings.

e. they were swindled by Hollywood into believing the studios were far more valuable than they actually were.

f. none of the above

Answer

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