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RE: LeoThread 2025-12-11 16-41

in LeoFinance11 hours ago

Part 6/10:

A notable viewpoint characterizes Hollywood’s obsession with DEI as a "luxury belief." According to YouTuber Greg Owen, these are high-status, affluent beliefs adopted by the industry to foster a sense of moral superiority. Hollywood, once flush with the financial gains of blockbuster success—like Marvel films or Star Wars—used these initiatives as a way to display virtue rather than necessity.

Owen argues that the decline in studio revenues—exacerbated by the pandemic and changing consumer habits—has curtailed Hollywood’s ability to indulge in these "luxury beliefs." As output increases and ticket sales decline, the industry's reliance on quota-driven projects diminishes, revealing the economic vulnerability behind these social policies.