The consensus is clear: Hollywood feels it must pursue what Bob Iger tactfully (or ominously) calls “some fixes.” The “fixes” post-strike hopefully will move beyond cutbacks and delays — we’ve already been absorbing their impact.
Disney alone has cut 8,000 jobs and $7.5 billion in costs. High-profile movies ranging from Disney’s Snow White to Paramount’s Mission: Impossible 8 to Sony’s Spider-Verse have again been shoved back a year.
More complex “fixes” already are hinted at: Netflix pledges a new approach on content – a “half as many but twice as good” mandate.
Its viewers worldwide will be fascinated to see how that plays out. Other major brands, too, are under scrutiny: The opening numbers for The Marvels dented that legacy.
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