I haven't seen Hollywoodland. But if I had to hazzard a guess, I would say that they left out mentioning some pertinent facts about George Reeves' state of mind - like the fact that he had quite a few upcoming projects, including directing, that he was looking forward to and was very enthusiastic about.
That was in the movie; George's projects were callcelled because of his relationship with Laura(?) Lemon. The Mannixes were blacklisting George from any future work.
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But according to the available biographical material, there was no such blacklist. A deal to direct a supernatural movie came through the day he died, and the studio in question called him the following morning. Had he lived, he would have gotten a start on a directing career.
I had a number of problems with the movie beginning with the fact that (a) the narrative had no closure to it and (b) after building up all the possible ways it could have happened, they copped out with, "Oh, it was really suicide after all." Basically, it was just a waste of two hours that amounted to nothing.