Inkoo Kang gets it
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"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—nickel-and-diming much of their labor force to the edge of financial precarity while branding their output with the hallmarks of creative bankruptcy—indicate a shocking new carelessness. Signs of this slow suicide are all around: the narrowing pipelines for rising talent, the overreliance on nostalgia projects, and a general negligence in cultivating enthusiasm for its products. Writers and actors have walked out to demand fairer wages and a more equitable system, but they’ve also argued, quite persuasively, that they’re the ones trying to insure the industry’s sustainability. Meanwhile, studio executives—themselves subject to C-suite musical chairs—seem disinterested in steering Hollywood away from the iceberg. This is perhaps because the landscape is shifting (and facets of it are shrinking) so rapidly that they themselves have little idea of what the future of Hollywood might look like."
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