RE: The Economic Impact Of The Crash Of Hollywood
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Honestly, this isn't really news at the moment, so owners who are following your articles up, Hollywood is going through a lot, it's employees aside the stars are taking the first heat of losing their job, that many probably thought they would retire in, it's devastating honestly, and it's not that easy for them to adapt to the new world, so earn from youtube or web 3.0 to make ends meet, it's not exactly visible due to many factors such as: value of the token, cost of starting your own channel and all the consistency involved.
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It is not a pretty situation for many of them. Those who are not in the spotlight are taking it on the lip. They are the ones suffering first.
The executives, actors/actress, and major agents will emerge okay. The rest, it is going to be a ngihtmare.