To survey the film and television industry today is to witness multiple existential crises. Many of them point to a larger trend: of Hollywood divesting from its own future, making dodgy decisions in the short term that whittle down its chances of long-term survival. Corporations are no strangers to fiscal myopia, but the ways in which the studios are currently squeezing out profits indicate a shocking new carelessness.
Source: Hollywood’s Slo-Mo Self-Sabotage