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Hollywood SHRINKS! The Money is Running Out!
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Hollywood is SHRINKING and CONSOLIDATING after studios blew themselves up chasing streaming.
Netflix dominates streaming with $33.7 billion revenue and $10.4 billion profit, while Disney struggles with $23 billion revenue but only $574 million profit, exposing a stark financial disparity.
James Cameron explores using AI to halve movie costs without layoffs, but this is likely unrealistic as AI will inevitably replace many industry jobs.
Warner Brothers Discovery's $10 billion spend yielding $677 million profit demonstrates more efficient resource use compared to Disney's $23 billion spend for $574 million profit.
Disney lost $574 million on recent box office failures, with unsustainably high production costs exacerbating its financial woes.
Comcast lost $1.8 billion on streaming despite controlling 95% of the internet market, highlighting streaming's challenging economics even for well-positioned companies.
Paramount spent $7.6 billion for only $497 million profit, indicating significant financial losses and struggle to compete in the streaming market.
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