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What Is Hollywood's "China Problem?"
1 year ago
5
china and hollywood
disney
robert iger
bob chapek
streaming
sony
sony pictures
universal
matsushita
mulan
esg
Hollywood is clearly going through some serious convulsions in terms of the studios' profitability. Much of it is attributed to the overblown enthusiasm for streaming, but perhaps a quiet part is how much the industry began relying on China rather than the domestic market for its main financial side. Let's look at that side of the situation...
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