Film has had an incredible history that continues to write itself. Out of all these years, what made 1939 the beginning of the "Golden Era?" This year marks what most consider the peak achievement of the American studio system. Some films that Hollywood released were classics like Gone with the Wind, The Wizard of Oz, Mr. Smith Goes to Washington, and many other films that I failed to mention. The American Film Institute composed a "100 Greatest American Films" list, and were five films from 1939 that made the list.
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The main reason for these films to earn a spot on the list was because they attracted a large audience. They generated a lot of revenue. Not just from the ticket prices, but from the concessions that the audience bought while at the movie. They were labeled as "popcorn films." They really shaped how we know the movie industry today. The movie industry took this concept and ran with it. Obviously, it is a business first, and this was generating a great deal of revenue.