"Network" Is Released

Network is a 1976 satirical film about a fictional television network, Union Broadcasting System (UBS), and its struggle with poor ratings. It was written by Paddy Chayefsky and directed by Sidney Lumet, and stars Faye Dunaway, William Holden, Peter Finch and Robert Duvall and features Wesley Addy, Ned Beatty and Beatrice Straight. The film won four Academy Awards, including Best Actor, Best Actress, Best Supporting Actress and Best Writing, Screenplay Written Directly for the Screen.

Network has continued to receive recognition, decades after its initial release. In 2000, the film was selected for preservation in the United States National Film Registry by the Library of Congress as being "culturally, historically, or aesthetically significant". In 2002, it was inducted into the Producers Guild of America Hall of Fame as a film that has "set an enduring standard for U.S. American entertainment." In 2006, Chayefsky's script was voted one of the top ten movie scripts of all-time by the Writers Guild of America, East. In 2007, the film was 64th among the Top 100 Greatest U.S. American Films as chosen by the American Film Institute, a ranking slightly higher than the one AFI gave it ten years earlier.

http://en.wikipedia.org/wiki/Network_%28film%29