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Will Hollywood Ever Recover From All The Recent Industry Turmoil?
Picket signs during the Hollywood strike pointed to possible scenarios.
(
Mandalit del Barco
/
NPR
)
Topline:
Hollywood workers are gripped with several existential-feeling challenges that inspire alternate feelings of hope and despair.
The Great Culling: After the streaming splurge of the past decade, the industry has retracted to the point where much of what’s left has to film abroad, or is simply of the unscripted variety. But TV will remain, as it always has, despite the popularity of sports and other non-scripted series, and the fact there will be fewer shows doesn’t mean there will be none.
Dying film ecosystem: Hollywood’s theatrical business is hanging on by a thread, as studios have slashed their production of comedy, drama and family fare, and audiences are being served almost exclusively huge action tentpoles. Those haven’t been sure bets, either. On the other hand, AMC, Regal and other theaters remain standing, and for the most part, the movies that do look different and entertaining, people show up for.
Sponsored message
Nobody’s having fun: Whether because of job insecurity, recent strikes or cutbacks, show business has become a much less fun place to be, and the product is suffering as a result. The solution: focus on the audience, which has been ignored in favor of investors, Wall Street analysts and the Sun Valley gang.
For more . . . read the full story on The Ankler.
This story is published in partnership with The Ankler, a paid subscription publication about the entertainment industry.
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But the game has changed: Congress voted to eliminate funding for public media across the country. Here at LAist that means a loss of $1.7 million in our budget every year. We want to assure you that despite growing threats to free press and free speech, LAist will remain a voice you know and trust. Speaking frankly, the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news in our community.
We’re asking you to stand up for independent reporting that will not be silenced. With more individuals like you supporting this public service, we can continue to provide essential coverage for Southern Californians that you can’t find anywhere else. Become a monthly member today to help sustain this mission.
Thank you for your generous support and belief in the value of independent news.
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