According to many experts and people the golden era of Hollywood was during 1930's and 1940's when the industry was thriving. But many experts agree that although 30's brought in the commercial success but the actual golden age from artistic point of view began in 1920s itself when it drew talent from all over the world. Before this period Hollywood was just like any other film making locations but it was after First World War that it created a niche for itself in the world. The obvious reason was the magnitude of damage the European countries suffered in the World War and subsequent economic hardships faced by them thus affecting the film industry. Before the advent of Hollywood as a top destination Germany was the most popular destination known for its artistic excellence. America benefited from the fact that it suffered relatively less casualties and loss of property compared to European Nations.
The popular names during the Golden Era were Clark Cable, Bette Davis, Charlie Chaplin, Bing Crosby, Spencer Tracy, Bob Hope, Ingrid, Judy Garland, Bergman, James Cagney, Jennifer Jones, Ronald Reagan, Elizabeth Taylor and Cary Gran, the list is endless. These actors became the house hold names throughout the country in 1930's and 1940's. The film industry during this era was so wealthy and powerful that studios like Paramount, MGM, Universal, 20th Century Fox and RKO kept adding more buildings to their studios. More than 7,000 films were released by these studios during the period of 1930's and 1940's. More than 75 million people flocked to see at least one film in a week during the peak years of Hollywood.