The meaning here is somewhat similar to the title track of the album. In that song, Young remarks that even though he lives a life of fame and success, "those seagulls are still out of reach" - he still hasn't found satisfaction. And in "Motion Pictures", he says that he'd rather "start all over again" than exist as a movie star leading a illustrious but meaningless life.
And yes, "headlines" is much more suitable than "headlights", considering that the subject matter: movies, celebrities, and fame.
The meaning here is somewhat similar to the title track of the album. In that song, Young remarks that even though he lives a life of fame and success, "those seagulls are still out of reach" - he still hasn't found satisfaction. And in "Motion Pictures", he says that he'd rather "start all over again" than exist as a movie star leading a illustrious but meaningless life.
And yes, "headlines" is much more suitable than "headlights", considering that the subject matter: movies, celebrities, and fame.