The film industry needs to recover its independence and be run by people who are actually interested in making movies, whose financial success depends on making movies that people actually want to watch, and whose aspiration is to make truly great movies (rare in any era) that audiences embrace as well. Those kinds of people are still scattered throughout the film divisions of the Borg, but they are no longer the bosses. And it shows.
Take a look at Netflix’s last earning statement and balance sheet. They earned quite a bit. They are doing just fine and will survive as they have pivoted as far costs and content are concerned.
Disney is going to shuffle around all kind of things to make Disney + look profitable but it will be an illusion.
Paramount will be sold .
Warner has just green lighted a new Superman Movie with a production price tag of $363 million and no one knows a thing about what it is about, but it will start shooting in Ohio according the huge tax credit they got there.