
How Hollywood Drove Its Business Model Off a Cliff
Plain English with Derek Thompson
From Cable Kings to Streaming Struggles
This chapter examines the transformation of Hollywood's business model from the profitable era of cable television to the disruptive rise of streaming services. It highlights how companies like Disney are grappling with declining viewership and the financial challenges of adapting to direct-to-consumer strategies. The discussion underscores the ongoing battle between traditional media companies and digital platforms as they navigate a rapidly changing entertainment landscape.
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