Part 4/11:
Hollywood’s Denial and Anxiety over Obsolescence
The industry is in denial, insisting that the merger is either a salvation or a necessary evolution. Industry figures like Ted Sanders claim that Hollywood is simply "living through change," though this is a euphemism for panic as their once-dominant business model crumbles. For decades, studios thrived on exclusivity—cinemas, physical media, and limited streaming windows—yet these strategies are increasingly irrelevant as home theaters and streaming services dominate viewer habits.