Today, Explained

Hollywood’s still not back

11 snips
Mar 15, 2024
Entertainment journalists Mark Harris and Diane Haithman dive deep into Hollywood's ongoing struggles post-COVID and recent strikes. They reveal how these events have ripped through the industry's fabric, leading to declining box office performance and troubling job losses for below-the-line workers. The guests discuss the decline of blockbuster franchises, the threat posed by AI, and a shift towards lower-budget productions. Their insights illuminate the critical disconnect between creatives and studio executives and raise alarms about the future of filmmaking.
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INSIGHT

Hidden Hollywood Struggles

  • The Oscars often present a polished view of Hollywood, but the reality is more complex.
  • This year, the ceremony glossed over issues like declining superhero movies, CEO pay disparity, and the impact of AI.
INSIGHT

The Suit vs. Creative Rift

  • There's a growing disconnect between Hollywood executives and the creatives who make movies.
  • This disconnect is fueled by the executives' increasing focus on finance over filmmaking and by technological advancements like AI.
ANECDOTE

Strike Aftermath

  • The 2023 writer and actor strikes significantly impacted Hollywood, leading to a decrease in movie production.
  • Weekends with no major releases, once unthinkable, have become common, with 10% fewer wide releases expected in 2024 compared to 2023.
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