Support for this podcast comes from the New Bower Family Foundation,

supporting WHY Wise Fresh Air and its commitment to sharing ideas

and encouraging meaningful conversation.

This is Fresh Air, I'm Terry Gross.

The movie and TV industries are in chaos.

Striking actors and writers have shut down production.

Broadcast TV lost viewers to cable, then cable lost viewers to streaming TV,

now broadcast cable and many streaming platforms are in trouble.

The movie industry is in trouble too.

People spend more time and money on video games than on movies,

and more time watching YouTube than any other TV network.

Big media companies are merging with or buying other big media companies.

Some of the companies that were bought may soon be sold.

Just about every company in Hollywood has been cutting costs and laying off employees.

Is the industry collapsing or just reshaping?

And what does this mean for viewers and for the future of entertainment?

My guest Lucas Shaw is the managing editor for media and entertainment at Bloomberg,

and the author of the weekly newsletter Screen Time.

He spent more than a decade writing about how the world's largest technology companies

have reshaped pop culture.

Before we start the interview, I want to disclose that most of Fresh Air staff are members of SAG

but they're covered by a different contract than the actors.

...