Final answer:
The Godfather, released in 1972, became the all-time box office champion, showcasing Hollywood's continued appeal and ability to adapt to new challenges and technologies in storytelling.
Step-by-step explanation:
By 1972, the film that had become the all-time box office champ was none other than The Godfather. Hollywood has constantly adapted to various challenges by implementing new technologies and storytelling approaches. In the early 20th century, movies captivated American audiences, offering a means of escape and entertainment with extravagant movie palaces and the allure of the silver screen. The industry saw great transformations from silent films to "talking pictures" and experienced a surge in attendance due to Hollywood's ability to tap into America's desire for excitement and romance.
Despite the competition presented by radio, newspapers, and especially television after World War II, Hollywood continued to thrive. This was in part due to films that addressed contemporary issues and leveraged genres like drama, romantic comedies, horror, and science fiction, as well as the ever-expanding capabilities of film technology. The Godfather, with its compelling storytelling and cinematic prowess, evidenced Hollywood's enduring capacity to captivate global audiences and achieve remarkable commercial success.