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Today, Explained
Hollywood’s still not back
Mar 15, 2024
Exploration of Hollywood's struggles post-COVID and strikes, affecting movie makers and viewers. Discussion on CEO salaries, AI impact, and impending consequences of ongoing strikes. Unconventional movies shaping industry via unique distribution methods. Strikes' impact on below-the-line workers and looming IOTC strike. Challenges for middle-class roles, non-union work, streaming service influence, and writer compensation instability.
26:19
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Quick takeaways
- Hollywood struggles with recovery post-COVID and strikes, impacting movie production and box office growth.
- Below-the-line workers face job uncertainty and economic challenges amid production contractions and industry shifts.
Deep dives
Hollywood Struggles Amid COVID Shutdowns and Strikes
After facing COVID shutdowns and writer and actor strikes, Hollywood is witnessing a slow recovery. The box office growth made last year is now threatened by a lack of movie releases, with forecasts indicating a decline compared to previous years. The impact of strikes on the industry is still felt, leading to a shortage of content and challenging times.
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Discover
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