Absolutely on target. For the full story on the Hollywood/Madison Avenue Cultural Axis, see The Conquest of Cool Business Culture, Counterculture, and the Rise of Hip Consumerism by MacArthur Genius Award winner Thomas Frank. The scales fell from my eyes when I read this. It not only exposes the HMACA's long-running love affair with the Left, it examines and documents the historical reasons for this relationship. I think it is the most important book of the last 10 years.
Apologists (and denialists) for lefty media bias are fond of asking why the leaders of the most capitalistic, competitive, and ruthless industry in the world, the commercial media, would sit around plotting to overthrow capitalism. Frank provides a comprehensive answer, and it lies in the short term needs of the advertising industry. The "left" as we know it today is little more than an advertising gimmick run amok. Traditional Marxists and other radicals have been quick to capitalize (excuse the expression) but without media support they would be a collection of cranks, rather than a powerful force for evil.
pinging myself to read link when laundry is done!
The entertainment industry is different than most industries in that, there is copyright protection (read monopoly) on everything. The entertainment industry does not provide a tangible good or service but provides "emotions". Emotions are the domain of "bleeding heart" liberals while thinking is the domain of conservatives. While most industries are some combination of sizzle and steak, hollywood is 100% sizzle. Finally, most industries try to provide a good value for the dollar, the entertainment industry's sole purpose for being is to be popular. This makes it a totally warped human endeavor.