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Hollywood Strikes: Impact on Businesses and the Industry
Exploring the repercussions of the recent Hollywood strikes on the film industry, this chapter sheds light on the significant decline in business, layoffs, and economic strains faced by individuals in the sector. Amidst the rise of streaming platforms and changing audience demands, the strikes have led to a reassessment of business strategies and a shift in the scripted TV production cycle. The narrative also touches on the challenges faced by businesses in making services profitable amidst economic volatility and emphasizes the importance of owning content and IP for resilience.