There was a time Hollywood didn't exist except as a spot on a map, and that time can come again. The creative and distribution processes need to be more accessible to people, just as "print on demand" became an option for small publishers.
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Distribution was totally disrupted by the Internet. When was the last time you went to a theater or Blockbuster. Now we are see broadcast tv being disrupted.
Feb- 2023; before that, Jan-2020; before that weekly. I never rented from Blockbuster, but I used VHS back in the day.
If any of us made a movie, how do we get it into theaters? These days, theaters are for the experience, not the movies.
Based upon the box office returns, the attendance at theaters is down. I have a feeling they will be gone like malls for the most part by 2030.
If global pandemic policies R still in place, theaters will be toast.
Theaters can still find ways 2stay in business, just not 4 first-run movies: Dinner & a movie; CCTV 4 Taylor Swift concerts; festivals; marathons; metaverse workpaces...
They will have to get creative that is true. We will have to see how things change over the next few years.
What hasnt really changed is the production process. AI and other technology will change that. I think we get a lot f decentralization at that point...then the spot on the map again.