Part 4/10:
The discontent among viewers is palpable. Many perceive Hollywood as a "dumpster fire," with the industry seemingly self-destructing due to its own excesses and misplaced priorities. Viewing the latest industry financial reports reveals a grim picture: in the past year, the entertainment sector lost approximately half a trillion dollars in market capitalization.
Major studios like Disney experienced losses exceeding $100 billion in market value, reflecting investor and consumer dissatisfaction. Similarly, companies such as Amazon and Netflix face layoffs and financial turmoil, with Warner Brothers Discovery drowning in debt at around $50 billion. Disney, among others, is slashing budgets and laying off thousands, signaling a turbulent time ahead.