An interview with film-maker Paul Morrissey, a frequent collaborator of Andy Warhol's. Morrissey describes Warhol's process as a producer and a film-maker, including the influence of television and home movies on his work. A connection is made between the conversation-filled, largely plotless nature of Warhol's films and the advances in film and video technology, which have made shooting 'talking pictures' available to the masses. Morrissey compares the youthful underground film scene in New York to the classical Hollywood studio system, but avers that Hollywood is dead, and that independent producers have taken over. He goes on to castigate American television, film schools, and popular youth culture for their lack of creativity and critical thinking.