The closing moments of Elia Kazan’s The
Last Tycoon suggest that the film was intended all along as a romantic valorization of the "dream factory" aspect of Hollywood lore: its
doomed 30’s studio head protagonist Monroe Stahr seeming on the verge of being
eased out, for the first time addressing the camera directly to reprise a story he improvised
earlier in the movie as inspiration for a bogged-down writer, except that now we understand
it as an expression of lost love, followed by a final walk into the literal and
figurative darkness. It’s an ending that extends the film’s two main strands –
Stahr’s bullheaded approach to running things, perpetually making expensive
creative decisions which no one else in the more money-minded executive suite sees the need for,
and his longing for a woman who can ultimately never be his – but it carries far too little charge, given the strangely still and displaced quality of much
that precedes it, the sense of a film joylessly located outside both history
and myth. In theory at least, Kazan must have been better placed than most to probingly
recreate the studio system’s uniquely epoch-defining mixture of glory and
corruption, but his work here is dutiful and passionless, neither pleasurably
nostalgic nor gleefully eviscerating. Similarly, Robert De Niro is at his most quietly
withholding as Stahr – as with Kazan’s direction, it’s often hard to determine
what he had in mind – but the film at least provides a good source of trivia
questions and degrees-of-Bacon type connections: yes, it’s true, De Niro did indeed
once act with Dana Andrews and Ray Milland. Jack Nicholson shows up late in the
film as a union organizer, but he’s yet another oddly ineffectual presence, a theoretically
crackerjack meeting of two of the decade’s defining actors coming across as a
chore that they both just had to plod through.
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