Why Hollywood is Falling

[Rodney Bourke]

After COVID everything has been Disrupted, and Spead up, Hollywood & the Film Industry has had a Huge shake up.

Starting at the Bottom, Video Rental Shops have Closed, few shops now remain selling CD, DVD & Blurays.
Netflix & Youtube no longer control the Streaming services, its divided into well over 100 of them.

https://en.wikipedia.org/wiki/List_o...media_services

Chat GTP can write amazing scripts for TV or Cinema, Past Actors can be brought back to life, with looks and voice.
This resulted in SAG AFTRA having nearly a 4 month workers stoppage.
And Finishing at the top like big Companies worth Billions, now losing Millions in Revenue.

[Ed Gordon]

Yes, movies suck for many reasons, but the Pandemic did most of the damage. The chart below makes that very clear:


Source: https://www.the-numbers.com/market/

[Rodney Bourke]

Found this youtube video on why Hollywood wants you to forget about DVDs and physical media.

[Mike Newell]

Found this youtube video on why Hollywood wants you to forget about DVDs and physical media.

Of course they do. You own nothing. Pay to rent each time or subscribe to their media package. Loads of money no costs. Thats why they want to delete cinemas as well Also, they can censor and delete everything they don’t like or agree with. Funny wee fellows wearing Hugo Boss used to organise similar events 🔥 decades ago.

[Douglas Meltzer]

Funny, this is what the music business went through a while back. Physical media? Nope, only streaming now. That lasted a couple of years. Suddenly vinyl, CD and even cassette sales are on the rise. Brick and mortar stores are phasing these out but online sales are booming. It looks like physical and digital media will coexist for some time.

[Rodney Bourke]

Why the Film Industry Is Leaving Hollywood, California and going to other States.

[Osi Osgood]

It's funny this topic came up right now. My son and I noticed that the one and only Redbox was pulled out of Sayre, Oklahoma, out in front of the Dollar General. Sales must have dropped over time, most folks going for streaming or online sales, as stated previously. The main problem is not where the sales are going, but what is being produced. Disney, for instance, the company that tragically hasn't had a brand new idea in heaven knows how long, (live action versions of Little Mermaid and Snow White, for Pete's sake?!), hasn't put out much of anything really worth seeing, almost everybody cashing in on the past instead of coming up with something new, Hollywood going so PC overboard that it's becoming near impossible to make anything brilliant or wonderful without adding totally unnecessary elements to their art, just to get considered for awards. A terrible situation. Then, we they do remake a big hit from the past, they get it wrong. We watched "Twisters", the other day, and while the special effects are top notch, there wasn't a familiar face to even root for. I mean, couldn't they have at least used any of the
rest of the original cast for the audience to cheer for? We see maybe one or two films that are even worth watching once all the way thru at best. What really surprises me, is that art house cinemas, whether cine or digital, aren't thriving by screening classics in their cinemas. People yearn for the past for a reason.

[Ken Finch]

I agree very much with what you say Douglas. There is beginning to be an increasing interest in dvds as with the music media. The problem with streaming is that there are far too many channels as with other forms of tv transmission. And of course films in particular are ruined by so many commercial breaks, often at the expense of continuity. Streaming gives very limited choice as to when you can watch a chosen film and how long it will be available. I think more and more discernible people are realising that dvd gives us the choice of what and when and how often we can view a film. We are very much in danger of becoming an an Orwellian society. As regards to cinemas, I think the days of the big multiplexes are over but the small independents are beginning to recover and slowly recovering from the Covid closures. Much depends on the initiative of the person who runs it.

[Ken Finch]

Osi, the last decent film from Disney was “Frozen”, particularly by all my female grandchildren. Also the live action version Of Jungle book was not so popular as the original by any of them, male or female. The youngsters are equally as discerning as adults😉

[Ed Gordon]

"Hollywood" went all digital to save money. When streaming services matured to the point they could offer 4k streams, the need for physical media dropped. What did not change is the demand to record something to watch later. If you ask Google's AI assistant how to record a streaming service, they will give you a detailed summary how to do it. The other thing that did not change is that more than 90% of what you watch is not worth keeping a copy to watch again and again. The "Dark Web" is full of such recordings available free of charge. Hollywood, in the pursuit of a quick buck, offered films to stream. The theatrical window shrank from years to months to weeks, which has diminished the value of Hollywood's products. As soon as any media is available to stream, it it then available to download. If consumers can download a film that was in theaters a few weeks ago, there is little incentive for Hollywood to make physical media for you to buy, when you can make your own copy.

These changes, plus to move from buying products in stores to ordering products online that are delivered to your door has moved media sales online. It makes sense for Hollywood to sell the rights to physical media to third parties, rather than making the discs themselves.

The Walmart bin of $5 discs had been moved online.

No need for shock and surprise here.