The iron fist of history seems finally to be coming for Hollywood.
Beyond the financial blows inflicted by the pandemic and the actors’ and writers’ strikes, the vast Los Angeles-based entertainment industry known as Hollywood is facing the far greater forces of economic disruption that have already struck the rest of the United States.

Much like manufacturing, agriculture and other major segments of the U.S. economy before it, the result for Hollywood appears to be mixed: a possible return to prosperity and good times for some, ever tighter times for others.

“There is something of an existential question mark over large swaths of the traditional Hollywood economy,” said Stuart Ford, chairman and chief executive of Los Angeles-based AGC Studios, which develops, produces, finances and licenses films and television series.

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