Part 8/9:
Hollywood in Panic Mode
Perhaps most concerning is Hollywood’s widespread panic. Industry executives and insiders recognize that the traditional Hollywood model—relying heavily on theatrical releases and scripted series—is collapsing. With consumers turning elsewhere for entertainment, streaming services struggling, and box office revenues tanking, the economic foundation of Hollywood is under threat.
The decline raises questions about the industry’s future sustainability. Will Hollywood adapt by embracing new models? Or will it continue to double down on overproduction and risky investments? The consensus gravitates toward a scenario where significant upheaval is inevitable unless decisive reforms are implemented.