Part 9/9:

In sum, 2023 served as a wake-up call, revealing the vulnerabilities of Hollywood’s current business model. The combination of reduced theater attendance, failed streaming investments, and the aftermath of labor strikes paints a difficult picture for 2024. The industry faces an uncertain future marked by declining revenues, turbulent mergers, and an urgent need to rethink content creation and distribution strategies.

As Hollywood shakes in its boots, one thing is clear: things will never be the same. Whether these challenges lead to a resilient transformation or mark the end of Hollywood as we know it remains to be seen. But for now, the industry stands at a crossroads, with storm clouds gathering on the horizon.