RE: The Further Decline In Hollywood
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You've really struck the mark. Hollywood's struggles are a reflection of larger shifts in the way people consume entertainment. Audiences are becoming disinterested in theatres due to high ticket costs and a multitude of streaming possibilities. To avoid going out of style, the sector must swiftly adopt new technology and cater to the interests of its consumers. You have insightful observations.
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It all comes down to attention.
Where are the eyeballs focused? We can see this in how people have so many more options.
The numbers repeatedly coming out with YouTube eating a larger portion of streaming shows exactly what is taking place.
Viewership shift.