Masters of Scale
Rapid Response: What’s the next Barbenheimer? with The Ankler’s Janice Min
Jul 16, 2024
Janice Min, Co-founder and CEO of The Ankler, provides sharp insights into Hollywood's current challenges. She discusses the summer box office's disappointing performance, attributing it to franchise fatigue and shifting audience expectations. Janice analyzes the evolving landscape of Paramount amidst tech competition and the effects of AI on content creation. She also explores the industry's struggle with content saturation and the necessity for risk-taking in storytelling, all while navigating the complexities of a digital-first entertainment world.
25:48
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Quick takeaways
- Legacy studios face challenges from streaming services and debt, while independent studios have agility advantage.
- YouTube's influence underestimated by Hollywood; creators favor direct audience connections over traditional studios.
Deep dives
Challenges Facing Legacy Studios in Hollywood
Legacy studios like Disney, Warner Brothers Discovery, and Paramount are burdened with significant debt and are grappling with the impact of streaming services and new competition. Disney, for example, is focusing more on theme parks and live experiences as streaming services like Netflix and Amazon continue to reshape the industry.
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