Part 10/10:
The recent wave of layoffs at Paramount Sky Dance is a clear indicator of the wider struggles facing Hollywood. From declining box office numbers to the fierce competition in streaming, the industry is navigating a period of upheaval that requires swift strategic changes and innovative thinking.
While the road ahead remains uncertain, executives like David Ellison emphasize resilience and adaptation. But for the displaced employees and the industry at large, it’s a stark reminder that survival in Hollywood now depends on a company’s ability to shift gears rapidly, focus on existing assets, and find new ways to deliver value to audiences—both old and new.