Since the last time the U.S. government considered banning TikTok in 2020, the app has evolved from a social platform supporting content creators to an entertainment powerhouse. A ban now would threaten not the livelihoods of TikTok’s biggest stars and thousands of small businesses, it could deal a massive blow to the entertainment industry, forcing movie studios, record labels, casting directors, Hollywood agents, and actors to radically shift the way they do business.