Part 1/7:
The State of Hollywood: A Crisis in Production and Consolidation
In recent times, the Hollywood entertainment industry has been shaken by a significant disruption, with close to half of its writers now out of work. Economically, the industry has faced numerous challenges, with major studios forced to either consolidate or scale back on their operations. This reality has long been anticipated by some observers, who warned that an influx of new streaming services would lead to a saturation point in the market.