Monday, March 5, 2018

Is Hollywood On A Fast Road To Collapse?

Whereas before Disney may have been the studio making more money at the box office than everyone else, they may end up as the only studio making anymoney at the box office. And that, in turn, will cause trickle-down effects throughout the industry. All the way down to movie theaters, many of which will have to close as a result. Looking forward from this point, I think the big movie theater chains are in trouble. They’ve known this for a while, which is why there has been so much consolidation. But whereas before, it seemed like it would be a long, drawn out death, I now believe we’re nearing this finale sooner than many thought.



Article source here:Arts Journal

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