Part 8/9:
Meanwhile, the business model itself—reliant on massive investments with uncertain returns—has been fundamentally flawed. The push to expand streaming platforms led to overproduction, unsustainable costs, and diminishing returns. The result is a Hollywood that is increasingly unrecognizable from its past, with many professional storytellers losing their livelihoods.
A Dire Future for Hollywood Creatives
The current reality is stark: many of those who once dreamed of creating television and film are now fighting just to stay afloat. They are resorting to gig work, side hustles, and anything else to survive. For many, their careers in Hollywood are effectively over, replaced by a struggle to find any form of work—be it bartending or delivery service.