How the Entertainment Industry’s Business Model Has Transformed!
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How the Entertainment Industry’s Business Model Has Transformed!
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In the third episode of Hollywood Hustle, we're diving into "The End of an Era: Hollywood's Great Reinvention." We explore the significant transformation of the entertainment industry, which began in the early 2000s and accelerated dramatically in the 2020s. Hollywood's traditional business model is evolving due to the rise of streaming platforms, the impact of the COVID-19 pandemic, and the historic strikes of 2023. Key themes include the transition to profitability in streaming, the resurgence of bundling strategies, and the global shift in production locations. We'll also discuss the integration of AI, the evolution of theatrical experiences, and what the future holds for this ever-changing industry. Join us as we examine the strategic pivots that have reshaped Hollywood and the new realities of its business model.