INTERVIEW: Morgan Freeman on receiving the Lifetime Achievement Award.(Footage by WireImage Video/Getty Images Entertain

The transcript covers a discussion about the meaning of 'high cotton', favorite movie roles, career influences, and the importance of the American Film Institute (AFI) in educating future filmmakers. The speaker shares personal insights and acknowledges Sidney Poitier as a significant influence on their career. The conversation highlights the role of AFI in preserving and educating future generations in the film industry.

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