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John and Craig discuss Damon Lindelof’s interview about how plot stakes have escalated lockstep with budget, perhaps to the point of absurdity.

Then it’s a look at why screenwriters get the note to “spell things out,” and the situations in which it’s okay or troubling to have characters speak story points. Finally, we tackle the media’s obsession with Hollywood’s demise, and why you never read a story about “what went right.”

All this, plus hedge funds, Big Fish discounts and crossword magic in the new Scriptnotes.

LINKS:

You can download the episode here: AAC | mp3.

UPDATE 8-15-13: The transcript of this episode can be found here.