Part 2/13:
Industry Collapse and Market Shifts
Several underlying factors explain this dramatic downturn. Hollywood insiders note a rapid market transformation, with traditional studios being bought up or sidelined as streaming giants and alternative content producers take the reins. Major celebrities and industry executives are reportedly worried about their careers, as the once-flourishing ecosystem continues to deteriorate. For example, last weekend's box office was a dismal $49 million, an embarrassingly low total that underscores how mainstream audiences have lost interest.