Robert Altman is frustratingly inconsistent, and here is at his worst. His very personal style has three characteristics:
1. Many-threaded storylines and characters, many of which raise questions that are not answered in the play. When done well, you get the impression of moving through the world with a curious voyeurism, dipping into many lives which are intriguing enough to learn more about. Except for the youngest daughter, none of these women are worth digging more into. The misogynism could have been an advantage; here it is cheap.
2. Spontaneous acting. Altman doesn't tell his actors what to do, trusting them to bring something fresh. In the best case, the differing visions of the actors add to the manyhued effect described above. But you need powerful actors like he had in "Cookie's Fortune." These folks, some of whom are fine when given direction, simply can't synthesize.
3. Wonderful tracking shots (which move from character to character so enhance the two effects noted above). Check out the first shot in "The Player." That alone is worth the admission. Here, we have a busily choreographed shot at the beginning and a dizzy pullback at the end, but neither to any useful effect.
Avoid this film. The master was asleep.
