As post-pandemic film and television audiences continue to watch their favorite content at home or even on their phones, Hollywood finds itself in panic mode. The more-is-more ethos in the early days of streaming has given way to an ominous contraction—fewer greenlights, smaller paychecks—even before big players like Warner Bros. have been targeted for acquisition and downsizing. Innovations in artificial intelligence threaten to further upend the business (and shrink studio and network...
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