The Honest Broker • 31517 implied HN points • 30 Jan 25
- The Hollywood industry is facing major problems, with many production companies moving away from California to other states and countries. This shift is caused by a mix of factors, including declining investments in new movies and changing viewer habits.
- Movie theaters aren't attracting audiences like before; ticket sales are dropping significantly. Creators, including famous directors, are considering other platforms like theater, which offer more stability and better audience engagement.
- Streaming services are prioritizing profits over original content, making it harder for creators to earn money. The industry needs to support creative talent more and explore new, independent platforms that give creators a bigger share of profits.