also taxpayer paid for subsidies in hollywood. a lot of states are saying hey, wait a second, this money, jenna, may not be worth it to give taxpayer money to hollywood productions because it basically funds temporary workers that come in from out of state. when the production is over the workers, many of them, go back on jobless benefits or unemployment. so there's a positive and negative side to this story, jenna, we're digging into here at fox business. jenna: as you point out, it is both federal tax breaks and state tax breaks. so it is not just the federal government that is handing out these tax breaks for the movies, right? >> reporter: that's right, jenna. in fact at the state level, back at the beginning of the last decade, only five states were giving tax breaks to hollywood. now something like 40 to 45 states are doing so. jenna: wow. >> the thinking it creates jobs in the home state. it is great for the state's public image. but missouri and michigan are taking a second look and other states saying hey, maybe it is not

hollywood is a small town within the big town of los angeles. variety printed the first movie review in 1907 which was very early with a little note saying, hey, this is an interesting new art form so we thought we would review some of this stuff. >> reporter: the publication began by covering vaudeville in new york city in 1905. there was also that new theater scene called broadway. as the entertainment industry moved west, so did variety launching a daily in 1933 based in los angeles covering hollywood. for aspiring stars a mention in its pages was a sign you had arrived. of >> you know, the worst thing is to run a photo that is unflattering. in their mind that's the worst thing you can do. the second worst thing is to spell their name wrong or get their title wrong >> reporter: in its 107 years variety has covered it all. the titanic when it sank in 1912. and then 86 years later when it rose to become the first billion dollar blockbuster. in 1929 sound supplanted silent films. in 1940 records had radio on the run. in 1950, video killed the va

are we seeing the return of the hollywood black list? "zero dark thirty" perhaps the best reviewed film of 2012 has become an oscar long shot thanks to the black lash over the depiction of rough interrogation in the hunt for usama bin laden. and ed asner, and naomi wolf, one compared it to nazi propaganda. and one announced quote, the film is grossly inaccurate and misleading in the suggestion that torture resulted in information that led to the location of usama bin laden. wall street editorial board member recently sat down with the screen writer and joins us now, is it going to hurt the oscar chances? >> it hurt it amid the award season. and dates back really to the christmas release and the letters from the senators, you know, it is one of the best review reviewed films and viewers are complained, but defined as the torture film and hijacked by the politics of torture, so much more so in washington than hollywood, than anywhere else. you met him for the paper and what's his argument. he thinks it's unfair, i assume. >> i think he's f

the hollywood studios. but these film companies have been so lost in mythology the public knows very little about how they actually worked. they completely controlled the american movie industry during the golden age of the 30's and 40's. how were they able again and again to create the cinema's timeless classics and exercise their power? paramount, historically, the most profitable and powerful film corporation is the focus of our story, like the classic studio era, it begins in the early 1930's. every artist or technician who came to work through these famous gates was under contract. this was the first rule to run a hollywood studio lot. everyone was owned. when you're under contract, it's a family feeling. you have a family to go to. if you have a problem, you can to somody on the lot it's a family feeling. you have a family to go to. that has your interests at heart. (mace neufeld) it enabled people to learn their craft inside and out. it guaranteed them employment so you weren't afraid to fail. a fail

what's going on in hollywood? >> what's going on in hollywood is what goes on all around the country. hollywood reflects back and advertising commercial ads reflect back the culture. we live in a society where we have 40 years of research which finds that, sadly, white consumers, whether it's moviegoers or people who buy consumer products will not purchase products or go to films that they perceive as not about them. that's not hollywood's problem. that's our problem. if we want hollywood to reflect america, we have to demonstrate, those of us in the dominant group, those of us who are white, have to demonstrate that we are open to connecting with black and brown folks in the ways that are not stereotypical. that's on us. it's not hollywood's fault. >> go ahead, wendy? they reflect back what people are feeling, but >> yes, but they can have the power to raise the bar, up the ante. a few years ago when ikea was the first one to do this amazing commercial with a gay couple shopping for furniture. i'm sure they didn'

>> hollywood. >> to hollywood. ♪ to hollywood ♪ hollywood ♪ yeah >> and these are my bowling socks. >> oh. >> you want to go bowling with my socks? there you go. >> can we just point out, i'm sorry, but i know this baby is precious. >> to prove that you're never too old to say i love you. >> we'll be back with more on valentine's day right after this. ♪ ♪ aspirin wouldn't really help my headache, i don't think. aspirin is just old school. people have doubts about taking aspirin for pain. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. what's different? it has micro-particles. enters the bloodstream fast and rushes relief to the site of pain. visit fastreliefchallenge.com today for a special trial offer. visiwant to know what ige.com did in the last five hours? i disproved the theory of relativity. i mastered origami while beating the record for hacky sack. found bigfoot. swam the english channel. and then i swam back. and then i took the dogs for a walk. how do

and the return of the hollywood black list. campaign against zero dark 30. >> paul: welcome, i'm paul gigot. with days to go president obama turned up the heat on republicans this week saying they would be to blame if across the board spending cuts take affect march 1st. appearing on police officers and firefighters and other first responders, he claimed the consequences of such cuts would be dire. >> people will lose their jobs. it will jeopardize our military readiness. it will eviscerate investments and thousands will be laid off. tens of thousands of parents will have to scramble to find child care for their kids. >> paul: but in an op-ed john boehner shot back saying the sequester was the white house's idea in the first place and product of his president obama's failed leadership. joining us is dan henninger. jason riley and washington columnist kim strausel. let's start with the merits and the claims of catastrophe if those spending cuts kick in. the is that correct? >> we don't exactly know. what we do know is that the p

what's going on in hollywood? >> what's going on in hollywood is what goes on all around the country. hollywood reflects back and advertising commercial ads reflect back the culture. we live in a society where we have 40 years of research which finds that, sadly, white consumers, whether it's moviegoers or people who buy consumer products will not purchase productses or go to films that they perceive as not about them. that's not hollywood's problem. that's our problem. if he want hollywood to reflect america, we have to demonstrate, those of us in the dominant group, those of us who are white, have to demonstrate that we are open to connecting with black and brown folks in the ways that are not stereotypical. that's on us. it's not hollywoodly fault. >> go ahead, winendy? >> yes, but they can have the power to raise the bar, up the ante. a few years ago when ikea was the first one to do this amazing commercial with a gay couple shopping for furniture. i'm sure they didn't think their primary demographic were all

hollywood is not perfect. i'm gl glad to see some of the themes out but i would like to see a line drawn, about what is entertainment, and what is documentary. at the same time, people will look at box office. it is a balance they are trying to strike, j.d., that we need to try and perfect. >> you know, absolutely.

. >> >> hollywood royalty gathered for their annual tribute to filmmakers honoring those who performed in front of the camera and those who do work behind it. craig was amid-all of the glitz and glamour, life with hollywood's big winners, explaining everything that happened if you went to bed early. good morning, craig. >> reporter: a busy hollywood boulevard where they aric wering are breaking down and cleaning up as to what it took a week to up. >> >> little surprise that ben affleck's "argo" took the top

live from hollywood, california. we're talking oscars with tom o'neil, another oscar night in the books now. 85th oscars have been short on surprises. but some drama, it's fair to say. with "argo" winning best picture. lots of musical numbers. seth macfarlane, a lot of talk about his performance. tom o'neil with us and nischelle turner. nice to have you both with me. let's talk about seth macfarlane's take on the oscars, he brought an entire different team of people to produce the oscar show. >> i think people who have an appreciation for pop culture and a context for all his jokes on target. he did a superb job. >> not only was he a first time host, but the producers were first time producers. one of the things they told me, we will make sure the oscars have more music than ever, a little edgier, they want to bring that back. >> i thought they gave it a really big feel and tone. >> it was entertaining. the boob song. >> i loved it. one of my favorite. >> mine too. >> let's play a little bit of -- i thought it was hi

i don't put hollywood stars on a pedestal. people get up every morning and take care of their kids and pay their taxes and obey the laws and build houses and great lawyers and save people's lives and doctors, and don't get the hollywood stream and the star treatment and get to hang out with the obamas. >> look, and with the movies, sean, there's nothing better than celebrating movies and nothing wrong and-- >> admire the brain surgeons, too. >> they contribute millions of dollars and help to spread the president's message and the reason why you're ticked off because you wish you had people who supported your guys. >> and you sound like a broken record and you're wrong. i i told you that's not true and hollywood would celebrate. >> lets me throw something on the screen. let's look at the taxpayer subsidies, the rich people that obama demonizes and argo, by the way, a great movie. i liked it, get this. the taxpayers subsidy from california, 6.21 million dollars, let's see, lincoln. another good movie. 3.5 million. silver linings

hollywood is not perfect. i'm gl glad to see some of the themes out but i would like to see a line drawn, about what is entertainment, and what is documentary. at the same time, people will look at box office. it is a balance they are trying to strike, j.d., that we need to try and perfect. >> you know, absolutely. is t is a business and often times it is grossly misrepresent the reality of american life, and we all agree. i think our audiences are becoming more so fistcated in a good way. "lincoln" was certainly not a perfect representation of that time in history but i can't think after movie in recent times that brought people into the process of political process that was going on at that time. and in such a real and interesting way. django takes a lot from movies from early 70s. but it always plays with very important themes and strong black character, strong black relationship front and center in a movie that's incredibly entertaining and i think these are great strides forward. >> we know this is entert

you better be a late nighter in west hollywood. >> west hollywood is a fun place to live. it's one of those great spots. this particular condo is actually owned by the famed playwright jerry herman who wrote "hello dolly." >> songwriter. >> gorgeous. >> look at that. wow. >> he combined two units. he has 4,000 square feet. a real open loft style. really spared no expense. you have the limestone floors. >> piano comes with it. boy, it's terrific. >> that would make it all worth it, right? >> a lot of hits on that thing. >> finally, we have the $11 million property in the hollywood hills. >> that's what hoda wants. >> exactly. >> that's the one we're getting ready to show you later on today. >> is that right? >> yeah. >> this property is actually fantastic. this is listed at $11.7 million, and it's the famed bird street. it's all open floor plan. really cool contemporary house. >> wow. have. >> the master bedroom is 1200 square feet. >> that's crazy. >> spared no expense. >> 1,200 for the living room. >> it's like my new york city apartment. just the bedroom. >> you can see

look, it's the hollywood sign. it's much smaller than i thought. >> that's not the real hollywood sign. >> oh. >> welcome to hollywood, baby. ♪ i am just a cowboy ♪ ♪ a cowboy's life is the life for me ♪ >> everyone is fit in california, so it is time for me to get my workout. the horse did all the work in the hills. it's my turn, but i am not doing this alone. let's go get a furry friend. >> what are all these dogs doing here? >> well, all these dogs are homeless dogs. they're rescued from high kill shelters. >> this is my first time hiking in runyon canyon, and everybody tells me to do it with a dog no matter what. >> we call it a dog-panion. >> i'll take rusty. >> check out my cool dog. ♪ and they called it puppy love ♪ ♪ oh, i guess they'll never know ♪ >> now i've got to get some doggy food out. i made a promise. >> do you have a dog? these are adorable. you look like you want a dog. i saw it in your eyes. it was like this. do you have a dog? do you want one? oh, okay. are you free tonight? sir

we're just a couple of days from hollywood's biggest night. we will show you how the academy awards are coming together. >> the countdown is on to oscar sunday as preparations are underway for the 85th annual academy awards. >> we have everything from the sets to the stars fashion choices. >> the red carpet is out and the golden statues have arrived as hollywood gets ready for the 85th annual academy awards. >> this is a year which has been hard to predict. there are a lot of great movies. >> "lincoln" leads the pack with the most nominations including best picture and best leading actor, but it is "argo" that is gaining momentum. >> "argo" has a good chance of winning. >> f mcfarlane is promising a few surprises. >> adele will sing the opening monologue and i will sing skyfall. >> he has sick comedic timing. >> then of course there will be the fashion scene around the world from the red carpet. >> old hollywood, that silhouette, but making it modern. >> last minute touches are also going up at the biggest hollywood after party. chef wolfgang

the hollywood side with gus van zant, big hollywood director, and that damon, with a very politically charged film about fracking. not my favorite, i must say. it was a bit too conventional, and i think they played it to say, and the other side, about as extreme our house as you can get with a very controversial director. at least today you had something for everyone. >> another one of those big movies with big hollywood names is "don john's addiction." what can you tell us about it? >> this is my favorite so far. it is an update about the don juan story about a man addicted to internet pornography who falls in love a woman addicted to hollywood romance movies. it is a bit odd but very funny, quite compelling and very impressive directorial debut by joseph gordon levitt, one of hollywood's biggest stars taking a chance at directing and really hitting it out of the park. >> thanks for the update. >> talk about a new type of export. this year's carnival in rio de janeiro is said to have a bit of a german touch. it turns out that one of their leading some schools has chosen german cultur

. >> we'll tell you why hollywood is obsessed with j. law. >>> country star mindy mccready's casket. her funeral today. >> i was shocked but not surprised. >> plus, we're with the new "dancing" stars as "e.t." introduces you to primetime's new "golden boy." >> he's a good guy at the end of the day, but he's a shark. >> announcer: now "entertainment tonight," the worldwide leader in entertainment news. >> the blond queen of the vanity fair oscar party is now a brunette. hi, everybody. welcome to "entertainment tonight." >> 40 million people saw jennifer lawrence trip on the way to pick up her oscar. now 48 hours later, she is headed back to shoot the "hunger games" sequel. only 22 years old. >> very impressive. like jennifer most of the stars in hollywood are back at work. but the story from oscar's biggest party will not stop. and we have them all in our vanity fair exclusive. >> hi, vanity fair. >> hi, "vanity fair". >> sandra. reese. halle. jen. it is the bash everybody is still talking about. the stars unguarded. >> hello, vanity fair

hollywood forever? >> she got -- that's the loser prize? my book? oh, excuse me. no wonder hoda drinks to excess. >> the correct answer -- >> hollywood forever. >> i can't hear sara. >> she didn't get it right. >> nobody gets it right. >> now, griffin park -- >> home to an observatory. jason and i went there the other day. the gene autrie museum, pony rides, and so much more was named after whom? >> here are the answers, a, andy griffith, jay griffith, melanie griffith or d, merv of griffith. what is it? >> griffith jay griffith. >> you are correct. >> a free universal pass. congratulations. >> for all the people that are already in the park get free passes to the park. >> which dynamic duo does not have a star among the more than 2,400 stars on the hollywood walk of fame. here are your choices. brooks & dunn, ozzy and harriet, sonny and cher, or kathie lee and hoda? who's got it? >> kathie lee and hoda. but they should. >> you made us one. >> oh, my god. it says will you be my valentine day, and valentine's day was so over a week ago. bummer. bummer bummer bummer

(narrator) where they found hollywood in its natural habitat: by the pool. while new york writers delivered the witty repartee, the hollywood directors supplied the pratfalls. frank capra, gregory le cava, leo mccary, and george stevens. all got their training in the slapstick of the 1920's. and it was this new form combining high and low comedy, classy chatter and physical highjinks, that bore america's sweetheart: the screwball. and in 1934, "it happened one night," the first screwball comedy, ran away with 5 academy awards. aren't you going tgive me a little credit? what for? i've proved once and for all that theimb is mightier than the thumb. why didn't you take of l your clothes? you could have stopped forty cars. oh... i'll remember that when we need forty cars! screwball comedi, i think, have lasted so well because they're sophisticated; they're very unsentimental; of all the genres produced in the 30's and 40's, they're the most modern cause they center on the idea of equality of the sexes. and how many drinks have you had? this will make six martin.

he's one of the great talents in hollywood. quentin, take it away. >> to take an audience member from the 21st century and stick them in the south and have a sense of what america was like back then. even the people that have criticized the movie and a lot of people don't like it, i can understand that. a lot of people do like. they've been going back and forth. that's what i wanted for this movie. and i hope it continues for the next few years. >> we're going to 117 and then 99. >> hi, over here. your movie was such a success at the box office. do you think that the financial success of these films is going to impact how studios think about making adult-oriented, serious-minded fare? >> that's a good question. i found myself -- i go into my own little film study from time to time especially during crazy moments like this to put it out of my brain. one of the things i've been doing is a lot of study on the films made in the early '70s. between '69, '70 and '71. that was the beginning starting in '67 the beginning of new hollywo

[ laughter ] hollywood, california? >> no. hollywood, iowa. yes, hollywood, california. come on, jimmy. >> jimmy: hey, i'm just making sure. speaking of hollywood, the oscars are this weekend. are you excited? >> oh, yes, jimmy. i love the oz-cars. [ laughter ] >> jimmy: walter, did you see any of the nominated movies? >> yes. i saw r-joe. lincolon. dejanjo un-channed and life of pee. [ laughter ] >> jimmy: they were all great. did you see -- did you happen to see "beast of the southern wild?" >> is that the movie with the little girl named -- [ robot voice gibberish ] [ laughter ] [ cheers and applause ] >> jimmy: yes. [ laughter ] >> no. but i did see "less miserables." >> jimmy: you're not saying it right. it's "les miserables." >> oh, let me try again. [ with french accent ] "les miserables." >> jimmy: perfect actually. >> thank you. >> jimmy: now, i didn't ask you this before, but what were you doing in hollywood? >> i was acting in my very first ak-sheon movie. >> jimmy: wow, congrats walter. i knew you were doing some acting but i didn't know you were in an action

out with their favorite hollywood stars. i'll show you how it works. this is it. our brand-new celebrity kissing booth. and that is guillermo, who is in it. do you know how this works, guillermo? >> yes. >> jimmy: so we got some people lined up waiting to kiss you through the glass. okay? are you willing to try this, guillermo? >> yes, jimmy. >> jimmy: okay, very good. how about the lady -- i happen to know that's a burberry purse. thank you. [ laughter ] hi, what's your name? >> amy. >> jimmy: amy? would you like to kiss guillermo? >> who wouldn't want to kiss guillermo? >> jimmy: all right, jump up there in efron of the glass. where are you from, amy? >> cincinnati, ohio. >> jimmy: have you ever kissed a foreigner before? [ laughter ] >> i'm not gonna say. >> jimmy: all right. just jump up there. guillermo, watch those hands. do you think your wife will be upset about this? >> no, she doesn't care. [ laughter ] >> jimmy: all right. all right. three, two, one -- and wow. [ cheers and applause ] that's nice. so romantic, and

. >> it is hollywood's big night hours of stars glitz and glam. we are talking about the academy awards. >> this year no exception at the end of the night argo reigned supreme taking home three oscars including best picture. argo seemed like an after thought when ben affleck was snub threed times as the movie won best picture without a director nod. before midnight argo had its revenge. >> and the oscar goes to, argo. (applause) >> congratulations. >> yes, that was michelle obama. in a surprise first lady gave the announcement argo won best picture. the humble ben affleck got his moment to shine. >> gentle grudges. it doesn't matter how you get knocked down in life because that's going to happen. all that matters is you got to get up. >> very true. steven spielberg won bers director and lee took home the gold for the daring movie life of sy. daniel day-lewis won best ak fo tore for his portrayal of the former president. he was the first ever to win three best actor oscars. >> jennifer lawrence for her role in silver lining play books. she tripped

(narrator) where they found hollywood in its natural habitat: by the pool. while new york writers delivered the witty repartee, the hollywood directors supplied the pratfalls. frank capra, gregory le cava, leo mccary, and george stevens. all got their training in the slapstick of the 1920's. and it was this new form combining high and low comedy, classy chatter and physical highjinks, that bore america's sweetheart: the screwball. and in 1934, "it happened one night," the first screwball comedy, ran away with 5 academy awards. aren't you going tgive me a little credit? what for? i've proved once and for all at the limb is mightier than the thumb. why didn't you take of l your clothes? you could have stopped forty cars. oh... i'll remember that when we need forty cars! screwball comedi, i think, have lasted so well because they're sophticated; they're very unsentimental; of all the genres produced in the 30's and 40's, they're the most modern cause they center on the idea of equality of the sexes. and how many drinks have you had? this will make six martinis.

. >> it's oscar night in hollywood. we had to jump the gun earlier because of a few technical issues so we decided to restart it again. the stars are here, the world is watching, and i'm in the thick of it. i'm back on the red carpet where i have already seen some of the biggest names in show business and they'll only get bigger. we're covering it all, the styles, the surprises, and the moments everyone will be talking about tomorrow. it's happening right here, right now, with our special oscar preshow. my all-star team joining me, nischelle turner, correspondent for showbiz tonight, a.j. hammer, and cnn national correspondent alina cho with a look at all the fashions. and a.j., if i can come to you first tension, excitement building. you have covered a few of these. it's really a special night, isn't it? this is the big one? >> it's as big as it gets. this is the one, we have been talking about the fact there have been some dozen awards shows throughout the awards season. after this, nobody is paying attention to anyth

at 11:00 this morning here in hollywood. you asked about people already here. look over here, i'll show you this red carpet number one is 1500 feet long, 33 feet wide and this afternoon, all of the a-list celebrities will be stopping at all of these different ports. all of the different reporters are doing right now to their respective stations. letting everybody know what's going to be happening tonight on the show. giving them a little bit of preview. setting the scene for them. i want to ghif you a preview of one of the tightest races and one of the races that everybody is paying attention to, best picture. now at the beginning of awards season. we came in, we thought lincoln would be a shoe-in to win the best picture but then this little movie named "argo" started cleaning up. the director of the movie, ben affleck was not nominated for a best director nomination. some people think throughout the awards season there have been a lot of makeup awards. but people shouldn't forget, fred, that "argo" is just that good. it's a great movie, in my top three this ye

democrat ever gone after hollywood? >> well, i don't think so. >> that's their donors, they're bess. what governor cuomo needs to step back and look at the facts. the affects are, before pa passing the nation's stringest gun law. how do you explain that? >> that has nothing too do with moviemakers coming in here and bringing in jobs. >> if your have the best interests of new york in mind, you step back and say what he is doing to at the city is inexcusable. >> how is your data matching up? >> you are for consistency. >> absolutely. >> but they're not using the guns. they're not possessing the ducks like you said in real life. this i pretend and movie, and in person to dress up and die their hair -- >> neil: do you mean what you say about cracking down on gun violence, then every way, shape or forms the guns are exhibited. fake or not, paper or not, print or film, you are like a laser beam. no, no, no. >> so you think the governor should say, you're not allowed to film any movies here that are violent? >> neil: if that's

but the focus is on the 197 oscar nominees hoping to take home hollywood's award. cbs news, hollywood. >>> and, it would not be the academy awards season without good-natured ribbing from the antioscars. >> and the razzi for the worst picture of the year goes to ... >> it will be a surprise. [ laughter ] >> "twilight saga." [ laughter ] >> "breaking dawn" picked up seven razzies overall including worst screen ensemble and worst actress. and it gets better or worse, the director got the worst for sequel. >> and singer rhianna got the worst actress award for "battleship". >> i think we would win best -- rihanna got the worst actress award for "battleship." i think we would win best weather. we'll be right back. of excavating and tunneling, the big dig is done. two new -- mile- long tunnels -- south of san cisco are undergoi >>> after five years of tunneling the big dig is done. two mile long tunnels south of san francisco are undergoing final safety tests this month. the $439 million tunnel will go through the pacific coast highway. >>> startling jump in gas prices.