Part 1/12:
The State of Hollywood: An Industry in Crisis and the Road to Recovery
Hollywood’s Decline and the Box Office Crisis
Despite the recent success of movies like Zootopia 2 and Wicked for Good, Hollywood is facing an unprecedented existential crisis. The once-thriving entertainment industry is struggling to stay afloat as the domestic box office revenue continues to plummet. According to Box Office Mojo, Hollywood needs to make up over $1.2 billion to match 2024’s revenue and surpass it. With only a few weeks remaining in the year, the outlook remains bleak unless major hits like Zootopia 2 or Avatar: Fire and Ash drastically outperform expectations—something unlikely given their limited release windows.