Part 6/13:
Hollywood’s Monopoly and Decline: The dominance of the industry in LA has been challenged by the shift of productions elsewhere, especially places like Austin, Atlanta, and Las Vegas—driven by tax incentives, more reasonable regulations, and economic incentives.
Fragmentation and Market Forces: The concentration on franchise IPs—reboots, sequels, and remakes—has led to a stagnation of original content. The high budgets, out-of-control production costs, and reliance on nostalgia have rendered Hollywood financially risk-averse, often producing flops.