Why TV and movies are getting worse
Apple News In Conversation
Apple News
4.6 • 1.3K Ratings
🗓️ 14 June 2024
⏱️ 36 minutes
🧾️ Download transcript
Summary
A year after two historic Hollywood strikes, America’s entertainment industry is in crisis. Box-office numbers are way down, there are roughly 20% fewer jobs than before the pandemic, and just a handful of companies now control virtually everything we watch. Franklin Leonard, the founder of the Black List, is a Hollywood insider and an industry disrupter. He talks to guest host Sam Sanders about how TV and filmmaking need to change.
Transcript
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| 0:00.0 | This is in conversation from Apple News. I'm Sam Sanders filling in for Shimita Basu. Today, why |
| 0:11.5 | Hollywood is broken and how to fix it. |
| 0:15.0 | All right, have you noticed that it's not a super exciting time for TV and movies at the moment? |
| 0:31.2 | Nothing coming out this summer seems like it'll come even close to matching the |
| 0:35.2 | Barbunheimer phenomenon of last year. Box office numbers are already way down for |
| 0:40.8 | 2024. And on TV, most of the big streaming services are planning to |
| 0:46.3 | release far fewer scripted TV series than in years past. Also, with the notable |
| 0:51.7 | exception of Netflix, almost every streaming service is in the red. |
| 0:57.0 | It's even worse behind the scenes. |
| 1:00.0 | Hollywood is losing a lot of money right now, and losing jobs too. Employment in the |
| 1:05.0 | industry remains about 20% lower than before the pandemic. Media companies are |
| 1:10.8 | consolidating and only a few conglomerates now control the entire TV and film |
| 1:16.1 | industry. |
| 1:17.8 | All this is happening a little over a year since two historic Hollywood strikes happened around the same time. |
| 1:24.0 | Actors and writers refused to work until they got better deals. |
| 1:28.4 | A lot of people hoped that those deals that were reached after those strikes, |
| 1:32.0 | that they would make things better. But it still looks like |
| 1:35.0 | Hollywood isn't a mess that no one knows how to get out of. I do, though, know |
| 1:40.4 | someone who I think could help. |
| 1:42.4 | I am the true believer in film know someone who I think could help. |
| 1:43.0 | I am the true believer in film and television. |
| 1:45.0 | I'm a true believer in the artists that make great film and TV |
... |
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