New Hollywood was a movement in the 60s to the 80s where a new generation of film makers took a different approach to filmmaking in which the film director took over the key role. financial setbacks and a decline in theater attendance created this urge for a change in the industry.
Francis Ford Coppola, Martin Scorsese, Steven Spielberg are all directors.
Al Pacino, Robert De Niro, Jack Nicholson, all acted.
Bonny and Clyde is a film from this era.
The studio system that thrived during Hollywood’s Golden Age died in the 1960s. Challenges in the form of TV, antitrust legislation, low admissions, and censorship had worn down the studios in the previous decade. But the 1960s brought a new challenge that proved too difficult to overcome. Cinemas then would make high budget productions just to get viewers back and win over from tv. This would then also create more trouble as a lot of money was lost in making the set.