Hollywood is Turning Into a BROKE Wasteland...

Summary

The script discusses the dire state of Hollywood, with studios struggling to adapt to the streaming era, leading to significant job losses and financial struggles for many in the industry. The speaker suggests that Hollywood's rush to compete with streaming giants like Netflix has resulted in unsustainable practices and a lack of quality content, hastening its decline. As traditional media is overtaken by tech companies, the speaker highlights the irony of Hollywood's self-inflicted wounds and the need for a pivot to independent content creation.

Takeaways

• 🎬 Hollywood is facing a significant downturn with many people potentially losing their jobs due to unsustainable practices and a shift in the entertainment industry.
• 📉 The pursuit of streaming by major studios has led to financial struggles, with studios incurring massive debts and facing the reality of not being able to compete with established streaming giants like Netflix.
• 💡 The script suggests that now is a great time for independent content creators as the industry's traditional power structures are being disrupted.
• 🔄 There has been a notable shift in the industry with tech companies acquiring studios, indicating a convergence between Silicon Valley and Hollywood.
• 🤖 The rise of AI and automation is contributing to the job losses in Hollywood, with the increased use of bots speeding up the process of content creation.
• 🏙️ The high cost of living in places like Los Angeles and New York is exacerbating the struggles of Hollywood workers who are grappling with unemployment.
• 📉 Traditional Hollywood jobs are declining, with more opportunities shifting towards online content creation, live events, and gaming.
• 📊 The script highlights statistics showing a decrease in filming in LA and a general decline in the production of new shows, reflecting the industry's contraction.
• 👥 Personal stories from industry workers reveal the human impact of the industry's downturn, with many facing financial hardship and an uncertain future.
• 📈 The script points out that while the traditional Hollywood model is faltering, there is potential for a new model to emerge, possibly focusing on quality content and audience satisfaction.

Q & A

What is the main topic discussed in the video?

The main topic discussed in the video is the current state of Hollywood, focusing on the challenges and changes in the industry, particularly the impact of streaming services and the potential decline of traditional Hollywood studios.

What is the speaker's stance on people losing jobs in Hollywood?

The speaker expresses concern and empathy for people losing jobs in Hollywood, stating that they are not happy about people starving, being on food stamps, or facing unemployment.

Why does the speaker believe Hollywood was never sustainable in its current form?

The speaker believes Hollywood was not sustainable because it was producing too many movies and shows that people did not watch, leading to financial losses, and spending excessively on streaming services without a clear return on investment.

What is the speaker's view on the role of streaming services in the decline of Hollywood?

The speaker suggests that many Hollywood studios have 'blown themselves up' by chasing streaming, investing heavily in this area without a clear strategy, leading to financial difficulties and job losses.

How does the speaker describe the current state of independent content creators in the context of Hollywood's decline?

The speaker sees an upside in the current situation, stating that it's a great time to be an independent content creator as the playing field has been leveled and traditional Hollywood studios are struggling.

What is the speaker's opinion on Disney's attempt to become a tech company?

The speaker is critical of Disney's attempt to become a tech company, suggesting that they are not very good at it and are instead accumulating massive amounts of debt in their efforts to compete with Netflix.

What does the speaker predict about the future of Warner Brothers?

The speaker speculates that Warner Brothers might eventually sell itself to a tech company like Netflix, following the trend of traditional studios being acquired by tech giants.

How does the speaker describe the impact of strikes on Hollywood?

The speaker believes that the strikes have sped up the decline of Hollywood, as studios cannot afford to be down for a year and are therefore more likely to adopt cost-cutting measures, such as using bots, which further impacts jobs in the industry.

What is the speaker's view on the future of Hollywood in terms of job opportunities?

The speaker is pessimistic about the future of job opportunities in Hollywood, predicting that many people will have to leave the industry and consider a pivot to a different life due to the ongoing changes and challenges.

What advice does the speaker give to those affected by the changes in Hollywood?

The speaker advises those affected to be prepared to pivot to something else, emphasizing the importance of adapting to survive and suggesting that there is no shame in changing careers if the current path is not working.

Outlines

00:00

🎬 Hollywood's Current State and Streaming Challenges

The script discusses the current state of Hollywood, highlighting the desperation and unsustainable practices that have led to financial struggles. It mentions the shift to streaming services, where major studios have incurred significant losses in their pursuit of market share, unlike Netflix which continues to grow. The speaker expresses empathy for those losing jobs and facing hardships but points out that the industry's downfall was foreseeable. The script also touches on the potential for independent content creators in the changing landscape.

05:02

📉 Hollywood's Economic Downturn and Workforce Impact

This paragraph delves into the economic challenges Hollywood is facing, with a focus on the impact on the workforce. It discusses the struggles of Hollywood professionals, including producers, directors, and other crew members, who are grappling with unemployment and financial instability. The script mentions the high cost of living in California and the difficulty of surviving on minimum wage, contrasting it with the inflated salaries in the entertainment industry. It also hints at the rapid changes in the industry, with tech companies taking over traditional studios, and the acceleration of these changes due to strikes.

10:02

🛑 The Reality of Hollywood's Pivot to Streaming and Its Consequences

The script addresses the pivot to streaming as a potential fatal error for Hollywood studios, which have seen direct consumer losses while Netflix's net income has risen. It discusses the collateral damage to Hollywood workers who are now facing unemployment and the need to adapt to a new industry landscape. The paragraph also touches on the personal stories of industry professionals who are struggling to find work and the broader implications of the industry's shift towards cost-cutting and risk aversion.

15:07

🏚️ Hollywood's Struggling Workforce and the Impact of AI

This paragraph focuses on the personal accounts of Hollywood workers who are facing the harsh realities of an industry in transition. It discusses the struggles of individuals like a reality TV producer who has not worked for months and is now relying on food stamps and credit cards. The script highlights the broader industry trends, such as studios cutting costs and the increased competition for jobs due to artificial intelligence and the changing landscape of content consumption.

20:08

📉 The Decline of Traditional Hollywood and the Rise of Tech Giants

The script talks about the decline of traditional Hollywood and the rise of tech giants in the entertainment industry. It discusses the failure of Hollywood studios to adapt and the subsequent loss of jobs, as well as the shift towards online content creation, live events, and gaming. The paragraph also touches on the personal experiences of people who have been laid off and the anger and frustration they feel towards the industry and its management.

🚫 Hollywood's Self-Inflicted Woes and the Future of Entertainment

The final paragraph discusses how Hollywood's hubris and failure to adapt have led to its current predicament. It talks about the industry's inability to foresee and respond to changing consumer preferences and the rise of AI, leading to the destruction of traditional websites and the decline of television. The script concludes with a somber outlook for Hollywood, suggesting that the industry's self-inflicted wounds are unlikely to heal and that the future of entertainment lies elsewhere.

Keywords

💡Hollywood

Hollywood is the center of the American film and entertainment industry, located in Los Angeles, California. It is a symbol of glamour, fame, and the movie business. In the video, the term is used to discuss the current state of the industry, suggesting a decline and desperation that is affecting many people working in the area.

💡Desperation

Desperation refers to a state of extreme need or lack, often leading to hasty or reckless actions. The script mentions 'the desperation that is permeating Tinsel Town,' indicating the dire situation Hollywood is facing, with many people potentially losing their jobs or struggling financially.

💡Sustainability

Sustainability in this context refers to the ability of an industry to maintain its operations and growth over time without depleting resources or causing long-term damage. The script states that 'Hollywood was never sustainable in its current form,' suggesting that the industry's previous practices were unsustainable and have led to its current predicament.

💡Streaming

Streaming refers to the delivery of media content over the internet in a continuous flow, allowing viewers to watch shows and movies on-demand. The script discusses how Hollywood studios invested heavily in streaming platforms, which has contributed to financial struggles and job losses in the industry.

💡Independent Content Creator

An independent content creator is someone who produces content, such as videos, articles, or podcasts, outside of traditional media companies. The script suggests that the current state of Hollywood has made it a great time for independent content creators, as the industry's struggles have leveled the playing field.

💡Tech Companies

Tech companies are businesses that focus on creating and selling technology products or services. The script mentions that tech companies like Amazon and Netflix are buying up traditional Hollywood studios, indicating a shift in the entertainment industry's power dynamics.

💡Debt

Debt refers to an obligation to pay a sum of money that is owed. In the script, it is mentioned that Hollywood studios like Paramount have accumulated 'massive amounts of debt,' which is a significant factor contributing to the industry's financial instability.

💡Strikes

Strikes in the context of the video refer to work stoppages initiated by employees, often to demand better working conditions or wages. The script suggests that recent strikes in Hollywood have exacerbated the industry's problems, leading to studios looking for alternatives like automation.

💡Artificial Intelligence (AI)

Artificial Intelligence refers to the simulation of human intelligence in machines that can perform tasks like learning, reasoning, and problem-solving. The script mentions AI as a factor contributing to job losses in Hollywood, as it may replace certain roles traditionally performed by humans.

💡Reality TV

Reality TV is a genre of television programming that documents unscripted situations and actual occurrences, often featuring ordinary people instead of professional actors. The script notes a significant decline in the production of reality TV shows, which has impacted many workers in Hollywood.

💡Content Creation

Content creation refers to the process of producing various forms of media content, such as videos, articles, or podcasts. The script indicates a shift in the entertainment industry, with more focus on online content creation, live events, and gaming, as opposed to traditional film and TV production.

Highlights

The current state of Hollywood is unsustainable, with many people potentially having to leave the industry.

Hollywood's pivot to streaming has led to significant financial losses for major studios, unlike Netflix which continues to grow.

The playing field for content creation is leveled, making it an opportune time for independent creators.

Tech companies are increasingly taking over Hollywood studios, with Disney and Amazon being prime examples.

The desperation in Hollywood is leading to strikes that have accelerated the industry's decline.

Hollywood workers are struggling to find work and are grappling with the high cost of living in LA.

The entertainment industry is at a crossroads, with many facing the reality of having to change careers.

The rise of AI and automation in the industry is increasing competition for jobs and creating uncertainty.

Many Hollywood workers are now resorting to minimum wage jobs to make ends meet.

The decline of Hollywood is not solely due to AI but a result of a series of poor strategic decisions.

The tech industry's encroachment on Hollywood has led to a shift in where entertainment is produced.

Hollywood's focus on streaming has resulted in a decline in the quality of content being produced.

Audiences are abandoning Hollywood productions in favor of user-generated content on platforms like YouTube.

The high cost of living in LA and New York is exacerbating the struggles of Hollywood workers.

The traditional Hollywood career path is no longer viable, with many having to consider alternative lifestyles.

The rapid changes in the industry have left many workers without a safety net, facing financial ruin.

Hollywood's inability to adapt to changing consumer preferences has led to a loss of audience and jobs.

The transcript highlights the personal struggles of Hollywood workers as they face an uncertain future.

Transcripts

[Music]

hey guys welcome back to clownfish TV

this is neon geeky Sparkles is out and

about today she's sitting this video out

but we're going to talk about Hollywood

the utter state of Hollywood and just

the

desperation that is permeating Tinsel

Town uh it's it's not looking good for a

lot of people working in Hollywood I

want to be clear before I I go into this

uh topic I'm not happy about people

losing their jobs I'm not happy about

people starving I'm not happy about

people being on food stamps and we're

going to read about that but the signs

were all there like Hollywood was never

sustainable in its current form that is

cranking out movie after movie show

after show that people didn't watch that

lost

money and they spent a ridiculous amount

of money on streaming we're going to

talk about that

that a lot of these Studios blew

themselves up chasing

streaming and uh it's just it's not good

it's not good for anybody involved and

now a lot of people are looking at at

potentially having to leave Hollywood

now the upside to this I think is that

there's never been a better time to be

an independent content creator because

the playing field is absolutely leveled

at this point and Hollywood has been

leveled at this point but it's it's

never going to go back to what it was I

did a a video talking about that before

and it's more and more apparent that

like the Hollywood we knew 10 years ago

even it no longer

exists it doesn't exist anymore now it's

just a bunch of Studios being gobbled up

by tech companies or tryhard want to be

tech companies like Disney Disney wants

to be a tech company they're not they're

not terribly good at it but they want to

compete with Netflix and they're they're

actually going head first into wood

chipper as they like to say

uh on Wall Street they went head first

into the wood chipper running up massive

amounts of debt Paramount massive

amounts of debt and now they're getting

sold to Sky Dan which is owned by a tech

guy we had MGM getting sold to Amazon a

tech company and I have to wonder you

know how long before Warner Brothers

winds up selling itself to like Netflix

or one of these other tech companies it

wasn't good enough it wasn't good enough

for them to just create content they had

to be they had to be the distributor too

and it's it's it's biting a lot of them

in the ass and it's biting a lot of

people who work in Hollywood in the ass

and then the strikes actually just sped

things up in my opinion I'm going to be

honest I think that the strikes uh sped

things up considerably because the

studios looked at this and they're like

yeah we cannot afford to be down for a

year again it's not going to happen so

uh send in the Bots send in the bots so

let's talk about about this before we

get into it any further Please Subscribe

for more pop culture news views and

rants guys subscribe to the audio

version of clownfish TV if you want to

listen to us on the go and also D resed

that's our our other podcast you can

listen to that on the go as well so this

is coming from the rap they're talking

about Hollywood's pivot to streaming 5

years later was it a fatal

error or was it the key to

survival they said it in a lot of ways

it was is a fatal error because you can

see the major Studios direct consumer

losses and Netflix's net

income so look at this it it's it's not

it's not looking very good they said

that uh the studio losses are in the

red every year they've been down pretty

much and Netflix has been going up and

we talked about that before Netflix just

keeps on doing what it's doing it

doesn't even have to spend as much money

on content now because all of their

competitors blew themselves up but the

collateral

damage is people people who work in

Hollywood and they're not going to be

working in Hollywood much longer a lot

of them not able to survive in the

California economy which was it minimum

wage now is like $20 an hour or

something like you work at a fast food

restaurant you're making 20 bucks an

hour that's more than I made my first

job as a manager you know I like

what yeah first management position I

didn't make $20 an hour but these guys

are making 20 bucks an hour God but it

is what it is right California is

ridiculously expensive this come from

the WAP it said Hollywood workers are

grappling for a foothold in an industry

at a Crossroads they said for many in in

Hollywood's television and movie

Industries life has become about holding

on the pandemic and double strikes have

taken their toll on the entertainment

industry I hate to say I told you so but

we told you so we told you the strikes

were actually that point in time we're

probably going to do more damage but I I

guess I'm like what else have you got to

lose you know it's like AI is coming you

know they were going to stop they were

going to stop Productions either way

because these companies these Studios

can't afford to make 50 streaming shows

that nobody watches they said the

recovery many had expected has proven

messy at best now Hollywood veterans in

production development those who

business whose businesses support the

industry

are facing the unimaginable reality that

their dreams of making a long career in

Hollywood may be coming to an end or to

a moment when they're forced to consider

a pivot to a different life there is no

shame in that and this is the same

advice I've been giving to journalists

people that have been working for

digital Publications that were bankroll

by venture capital for like the last 10

15

years you know you got to do what you

got to do to survive right and if that

means you pivot to something else that

means you pivot to something else I've

done it a couple times in my career you

know I'm I'm older than most YouTubers

as people like to point out but I've

done it a couple of times in my career

and you do what you have to do right you

got to feed your family you got to pay

your bills you got to put something away

for retirement and if it's obvious that

what you're doing is not working then

you have to find another way forward the

rap talked to uh working folks in the

industry to understand their personal

stories and include producers and

unscripted TV an award-winning

hairdresser a TV director a senior Vice

present for development a dolly grip and

a sound supervisor all have struggled to

find work since last year they're all

coping with mortgages car payments and

even food most are scrambling to line up

a plan B before it's too late as they

explained in their own words industry

Trends suggest the unemployment malaise

is likely to deepen studios are cutting

costs and becoming more risk averse

about greenlighting new shows forcing

production companies to find ways to

make content more inexpensively

and with jobs drying up the

uncertainties around artificial

intelligence the competition for gigs

has become Fierce with hundreds of

people applying for the same

positions it sucks and you know again I

want to go back to the beginning of of

this episode I'm not happy about people

losing their

jobs you know what I'm saying I'm just

saying it was the writing was on the

wall it was

and you know we do watch I guess when

you're kneed deep in it and you're like

working dayto day and whatever you're

probably not really paying maybe you're

not paying as much attention to like the

trades or whatever is going on but you

could see that the tech industry kind of

gobbling up

Hollywood from afar from like five years

ago even it was very clear that Netflix

and Amazon were going to be the the the

800lb gorillas in in the entertainment

space because entertainment now comes

from Silicon Valley and not Hollywood

and it was very clear that this was

going to happen but again if you're just

doing your day today thing you're

probably not paying attention to this uh

major major industry hubs LA and New

York are steadily losing out as the

industry goes through one of the most

transformative periods in its 100e

history well both of those places are

hell to live in right now right I mean I

was watching there was a guy on YouTube

and I'm trying to remember his I can't

remember his name off top of my head

it's blonde dude but he lives in New

York he's got about a million subs and

uh I was I watched his channel here and

there because he had these ridiculously

overpriced New York apartments like you

had one apartment that was probably a

third the size of my house and it was

like $8,000 a month and it was nothing

to write home about there's another one

that had a great view of like the

basement of of the building across the

street very modest apartment and it was

like $4,500 a month and uh then he found

another one was like A2 200 sqare foot

apartment and it was like $2,000 a month

but he's also been covering more and

more of the crime

in New York and and the prices at the

fast food restaurants in New York so it

went from him covering that like yeah

New York's the greatest city in the

world and everybody wants to live here

and that's why the real estate so much

that's why it cost so much to rent an

apartment he went from that to like damn

a big Max like 15 bucks yeah it's like

what the hell happened and people are

just like [ __ ] on the street and

destroying the place like what's going

on here yeah I wouldn't want to I

wouldn't want to move production in New

York there's no way in hell they said on

Lo shooting in La fell 12% from April to

the end of June compared to last year

according to a study from Film LA a drop

primarily attributed to a

56% slide and shoot days for reality TV

shows film and TV jobs now make up a

smaller share of La entertainment than

they have in 30 years with more jobs

shifting to online content creation Live

Events and

gaming according to ois college report

on the creative economy more people are

watching videos about shitty streaming

shows and shitty movies than are

actually watching shitty streaming shows

and shitty movies and they're watching

them for free on on

YouTube so this is uh this is somebody

who lives in Brooklyn New York Aron

Brown she's a producer for reality TV

and other unscripted

shows she said she hasn't worked in

entertainment for more than 6 weeks

total since November oh my

God so we're talking yeah we're talking

like8 months months she's leaning on

food stamps and credit cards to survive

and has turned to doing minimum wage

jobs at AI companies there are a lot of

workers in the industry right now that

are struggling Brown said there are a

lot of people that are having to sell

their homes figure out new ways to feed

their children this is unique in

anything I have experienced in the past

25 years I've been doing

this WOW here we have a mom a single mom

in La Aaron copen Howard a single mother

who has three children one of them

special needs has tried fruitlessly to

get another job in TV development she's

leaning on her parents and is trying to

embrace the moment to write

screenplays uh I knew the Earth was

shaking so she was aware but I didn't

realize that the earthquake was going to

crack open the ground and we're all just

going to fall through it wow I'm still

hanging on clinging to the side of that

Cliff I've been laid off a four I've

always gotten another job this job

doesn't exist much anymore at all

now that's

wow this is this is this is tragic you

know I mean it really is and and I don't

want to make light of it

um but Hollywood Hollywood in general

not the not the individuals working in

Hollywood but the

studios I fully believe that studio

greed and the desire to get into the

streaming arms

race hasten the demise of old

Hollywood they blew themselves up in

five years they

torched Decades of of you know decades

and Decades of careers in like five

years it's not just because of AI That's

that's that's the cop was like oh just

because of AI I'm like no that's a

symptom of the bigger

problem basically the tech industry and

Hollywood they're they're merging

they're combining together Hollywood's

not happy I mean I understand that

they're like well we can't get left

behind but you know to to take it back

to the beginning of the the

video in their Mad Dash to try to keep

up with Netflix they blew themselves up

when what they could have done I've been

saying this for months all you had to do

was make really good content all you had

to do was make your audience happy and

uh you know when you're doing these

shows and this is this is and I'm not

talking about these people that have

lost their jobs this is this is terrible

CU these are the people that don't have

really have a dog in the fight they're

not the decision makers but you have the

decision makers like the showrunners and

the stars of the show out there on

social media actively telling people not

to watch their shows literally in some

cases they're like if you're an outright

Nazi I don't want you watching my show

and they do more damage and then what

happens is because one or two people

shoot their mouths

off you know hundreds and some case

thousands of people are out of work

because the studio takes a hit and

they're going to look at the show and be

like yeah it didn't test well it nobody

watched it because the word of mouth was

terrible because uh one of our directors

or producers went off on some overly

political bender and alienated you know

50 60% of our potential audience and now

a lot of people lost their jobs because

of it so for all these you know for all

these celebrities that are out

there

um you know high-fiving each other and

trying to get uh trying to get points

and upvotes on on social media

you know a lot of times they destroy the

show before the show even comes out you

know what I'm saying like like sometimes

the show is terrible I I'm not going to

lie sometimes the show is just terrible

the movie is just terrible but sometimes

the show is not that bad but because of

the people associated with the show

people have already decided to tune out

they're like you know what I'm not even

going to give it a chance screw you I'm

not going to the box office I'm not you

know I'm not watching your show on

streaming screw you and that's because

that's the only Power consumers have

right

uh is to to choose not to watch to

choose not to spend money and because of

that a lot of people are are paying for

it and these people might have worked on

shows that were better you sometimes

they're not really they're just working

for a production company or something

that production company gets contracted

to work on a whatever movie whatever it

doesn't mean that the people that are

doing the the hairdressing or the you

know catering or whatever that they had

any dog in the or any input whatsoever

into the quality of the movie they're

just trying to do their job but because

Hollywood would has been up its own

ass for the last at least 5 to 10 years

A lot of people are now out of work

because audiences have had it you know

so uh and then so that's one two punch

we have audiences given up on on

Hollywood entertainment and then

Hollywood spending ridiculous amounts of

money turning out subpar entertainment

chasing this streaming cookie that

they're not going to get because Netflix

is already they already have the market

corner they're Nabisco right you're

you're not going to compete with them if

you try to compete with them they'll

just buy your ass out or run you out of

business um that's that's you a story go

go watch uh the food that build America

yeah Nabisco was vicious back in the day

they were there's a reason they own like

everything they were absolutely vicious

um and then you got you got to look into

that whole

Hydrox uh Oreo cookie debacle too that

was that was nasty but um yeah I mean

Netflix has a comfortable lead they

don't they don't have to to to worry so

much but everybody else that isn't

Disney and even Disney has to sweat it

their stocks down everybody else has to

pay for it including these people and

it's just it's never going to go back to

what it

was um yeah this woman here yeah she

worked 25

years 25 years and it's over boom just

gone and you can't just blame

AI uh she said last year everything was

fine until last last year she said work

slowed considerably during the strikes

even for nonunion reality TV Brown has

struggled since late last year to find

jobs despite her two decades of

experience she has searched on a ton of

job boards to no avail I'm sort of

applying for anything that comes along

and getting

nothing as she explained a deeper shift

was taking hold one that other people

holding on in Hollywood talked about to

the rap networks have stopped producing

as many new shows cable channels which

are declining don't need as much content

in streaming platforms have a backlog of

content and are struggling to monetize

their viewership people are watching old

shows because you know the old shows

even if even if the stars on those shows

had had their political hot takes we

were blissfully

unaware we were blissfully unaware of

where they stood on on social causes or

you know modern day politics or the

economy whatever we didn't know we

didn't know we just watched the show was

the show Good yes or no would people

watch Star Trek the Next Generation

today given how half the cast acts on

social

media probably not as many I'm going to

be honest it's one of my favorite shows

of all time it's it's probably in my top

three favorite TV shows of all time and

I don't know if if people today would

even give it a chance because the stars

are out there shooting their mouths off

on social media but it came out in a

time where we were blissfully unaware

every once in a while you'd catch some

of these people at a convention or

something but they mostly just talk shop

or they give you anecdotes about you

know Patrick Stewart being up his own

ass or something you that was basically

that was basically it but now we know

everything that everybody thinks and

it's not good and I do think it's

hastening the decline there there are

many many things going on here

right um so this is again this is this

brown uh lady she said that uh she said

yeah it's sort of trickling down to the

creation of content this spring Brown

worked on a development project for A&E

for 6 weeks we found Amazing Stories and

they just didn't pick up they just

didn't pick them up which I've never had

happen in the past after finishing work

on one Series in November a few new jobs

she was targeting just never

materialized Brown started to feel the

walls were closing in it was at this

point that things seemed to evaporate I

know that the uh the director of the

Disney Haunted Mansion movie had to go

fundme up to pay his people is it Justin

Simeon was that his name I think it was

Justin Simeon

but this is right before the Han Mansion

movie came out which didn't do very well

so I don't think he made much money off

of it but he had to he had to go fund me

up to to pay his people that that's

where things are at right now in

Hollywood you know it's it's crazy uh

last month her unemployment coverage ran

out she's digging into her savings

leaning on credit cards and living off

of food stamps it's terrible I mean I've

been there I have been

there and it sucks it's scary especially

if you have a family it's it's it's

scary and you get angry you get angry at

the government you get angry at uh the

people you worked for because if like

you know cuz you're like if you just

planned ahead more maybe this wouldn't

have happened and then you know the one

case where I I got laid off I was laid

off for God a while

and you know I didn't get very much

unemployment Pennsylvania they didn't

really give you a whole lot and we did

what we could do I was working I was

doing you know Comics work here and

there and doing some freelance stuff

here and there but like I was angry at

my employers I wasn't necessarily I mean

I was pissed off that they laid me off

the way that they laid me off but I was

pissed off the longer I thought about

because I'm like you could have seen

this

coming you could have seen this coming

and you could have pivoted you had a

couple years of of notice you you could

have pivoted and you didn't do it you

thought everything was going to go on

the way it had been going on forever and

it was a failure of of management but

and you know what's going on today is

everything is happening so fast I mean I

do think Hollywood definitely blew

itself up chasing streaming but I think

in the case of like the websites and

stuff I I mean you can't see that you

nobody could have seen Google AI coming

in and just like destroying these

websites in the last couple months I

mean it was insane but it's not just AI

with Hollywood that's kind of the

onew punch it was it was an iceberg that

was easily avoidable and they just you

know double triple down hey people

aren't watching our content that's okay

barely an inconvenience you know we're

calling people Nazis and they they're

tuning out that's okay that's okay

they'll be back they need us they need

us it was Hollywood's

hubris they need us these these sheep

they need to feed and we're going to

we're going to just churn out whatever

[ __ ] we want to churn out as much of it

you know as we we can and if if that one

doesn't work that's okay there's

infinite money we can dip into and we'll

just make something else and we'll make

something else and we'll make something

else eventually they will they will have

to watch our [ __ ] and give us money for

streaming and no they're not they're

just not and I think the reality is

sinking in like man just think of all

the

opportunities that you know again not to

single at Disney but just Disney we're

we're going to single at sure we'll

single at Disney whatever all the

opportunities they had to course correct

over the last 5 to 10 years with their

shows or with it with their movies and

they didn't do it and it's so bad we

went to go see Deadpool yesterday we'll

probably do a review on Deadpool but we

went to go see it and it was so bad that

Deadpool kept quipping in the movie

multiple times about how God awful

Marvel was right now like they know it's

awful but they kept making awful Marvel

Marvel movies and Marvel

shows they didn't change anything same

with the comic book industry the comic

book industry knows the stuff they're

putting out is subpar it's not

resonating with consumers and consumers

show you what they want they're buying

Energon Universe they were buying uh

Ultimate Spider-Man but then they turn

around they do something it's like a 180

from that and then they're angry when

people don't buy it and they just start

calling you names I'm like well this is

kind of this is kind of where it was all

going to go like at this point no Studio

can afford to lose a customer and you

sure as hell can't afford to lose 50% of

your customers yeah so they're going to

they're going to have to do fewer better

Productions so so people uh like brown

here can work it's it's

awful certain debts she can't pay her

credit scores dropped I mean this is

terrible she's been working in the

industry for 25 years it's just gone

it's just gone here's

um here's another one this is um

development executive wrestles with TV's

New

Normal it's crushing the job

market so yeah they're talking about her

her uh her kid

isn't even watching TV her kid is

watching YouTube shorts and Roblox

movies and

Roblox this is the death of Television

she said she's 44 that's all they watch

YouTube shorts and it breaks my heart

for most of the past due decades she's

spent two her time developing reality TV

shows nobody's watching them yeah

they've chased off the kids they've

chased off the kids they've chased off

the normies uh older people are just

watching older shows kids aren't

watching the [ __ ] they're trying to

Pedal them and uh Hollywood did this to

themselves so many so many

critical critical Junction points or

critical uh uh four-way intersections I

guess that there were some major

decisions that could have been made to

prevent this and here we are I mean it's

just it's it's it's sad for the people

that didn't have a dog in it who didn't

have any control over it but Hollywood

did this to themselves

and it's not going to get better guys so

I'm going to wrap this up please

subscribe we'll talk later