IT’S BEEN A TOUGH FEW YEARS FOR Hollywood. COVID-19, strikes and the rise of artificial intelligence have battered the industry in ways no one could have foreseen, so how will it look in 2034?
Entertainment stalwarts such as Disney, Paramount and Warner Brothers reported losses in 2023. Blockbusters flopped and theaters failed to regain their pre-pandemic profitability.
Studios are attempting to get back on track but production activity is still down, while Wall Street’s faith in the industry remains shaken. It’s clear Hollywood is undergoing a shift, but how will that affect it over the next asked the experts.