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RE: Hollywood Feeling More Pain

in LeoFinance8 months ago

Just because people are finally realizing that 'reality' TV is crap doesn't necessarily mean that Hollywood is dying.

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That itself doesnt but there is a huge trend. I have been covering this for the last couple years.

Movie and television studios are in trouble. Two have been bought out. Jobs are going away.

Hollywood is dying and it is due to technology.

Maybe it's just the word 'dying' that I disagree with, which implies that at some point, there will be no Hollywood. Even if it 'dies', it's likely to come back as a zombie franchise.

What do you think of Sears? That is basically dead yet was once the epicenter for commerce in the US.

What about video rental? That is no longer here.

I see Sears as a good example of a zombie that won't die. I live in the boonies, we still have video rental through Redbox.

Well Redbox did just file for bankruptcy so it might be coming to an end.

Hope Netflix or Tubi works out there.

Yep, sounds like the hillbillies in the shacks will be getting streaming services now!

I am sure they already had it. The homeless here had Netflix on their phones a decade ago.

They probably have internet, but not the streaming subscriptions yet. Swear to god, we still had VHS rental here just 5 years ago. Some of the rural gas stations might still!