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Apple News In Conversation
Why TV and movies are getting worse
Jun 14, 2024
Hollywood insider Franklin Leonard discusses the crisis in the entertainment industry, the impact of streaming services on TV and movies, challenges in monetizing viewing hours, issues of lack of representation, and the influence of private equity. The conversation highlights the need for redefining industry standards and supporting diverse global storytelling.
35:31
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Quick takeaways
- The entertainment industry faces crises due to declining box office numbers and fewer jobs post-pandemic.
- The Black List founder challenges traditional norms by promoting fresh storytelling and reshaping careers in Hollywood.
Deep dives
Current Challenges in Hollywood
Hollywood is facing a series of challenges including declining box office numbers for 2024, reduced production of scripted TV series, and financial struggles for most streaming services except Netflix. The industry has lost a significant number of jobs post-pandemic, with employment levels remaining lower than before. Media companies are consolidating, leading to dominance by a few conglomerates in the TV and film sector.
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Discover
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