Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking

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Column: Hollywood is on strike because CEOs fell for Silicon Valley's magical thinking
latimes.com

Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking::Inspired by the success of Netflix, Hollywood studios pursued Silicon Valley-style hypergrowth with tactics borrowed from the likes of Uber and Lyft.

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All the committee-made cookie cutter blockbusters we're all sick of hearing about will be gone.

All the indie movies with genuine heart and passion in them that no one has ever heard of because they don't have the marketing budget will be fine.

What about the genuinely well-crafted big budget films? Are we ready to toss those out as well? Movies like The Dark Knight, Avengers: Infinity War, John Wick 4, and now Barbie and Oppenheimer are as much a product of the Hollywood blockbuster system as the cookie-cutters. I don't think Hollywood and passion are mutually exclusive.

I hope so, but I'll believe it when I see it. Can't say I'm very optimistic given the history of copycatting in Hollywood (and basically every other creative industry)