Movie Industry Disruption

February 8, 2019 • Volume 29, Issue 6
Can Hollywood adjust to the streaming era?
By Susan Ladika

Introduction

The movie industry roared back to life last year after a weak 2017, powered by the box office success of Black Panther and other blockbuster superhero films. But Hollywood faces a tide of challenges that already are loosening the grip that established studios have exerted for more than a century on the production and delivery of movies. Rapidly growing streaming services such as Netflix and Amazon are creating and distributing their own movies — and winning acclaim for films such as the Netflix drama Roma, nominated this year for 10 Oscars. Under pressure to compete, Disney and WarnerMedia, the parent of Warner Bros., are preparing to launch their own streaming services to reach audiences more inclined to watch films at home or on their devices than in theaters. Meanwhile, as Hollywood reels from allegations of widespread sexual harassment and gender-based pay inequity, some studio executives are pledging to hire more women and minorities for key roles in front of and behind the camera.

Members of the Boys & Girls Club of Long Beach, in California (Getty Images/IMAX/Jesse Grant)
Members of the Boys & Girls Club of Long Beach, in California, display their Black Panther posters at a special IMAX screening of the film in February 2018. The first superhero blockbuster featuring a black star was last year's top-grossing film. (Getty Images/IMAX/Jesse Grant)
ISSUE TRACKER for Related Reports
Arts
Feb. 08, 2019  Movie Industry Disruption
Jul. 14, 2017  Funding the Arts
Apr. 13, 2007  Stolen Antiquities
Oct. 21, 1994  Arts Funding
May 25, 1990  Tying Down Federal Funds for the Arts
Jun. 05, 1987  The Art Market
Jan. 22, 1982  Trends in Architecture
Feb. 20, 1981  Criticism and Popular Culture
Aug. 11, 1978  Support of the Arts
Sep. 27, 1974  Museum Boom
Feb. 01, 1974  Black Arts Revival
Nov. 28, 1973  New Directions in Architecture
Oct. 17, 1973  World Art Market
Dec. 25, 1970  Directions of the Dance
Jun. 04, 1969  Movies as Art
Feb. 12, 1969  Regional Theater
Mar. 27, 1968  Art and Antique Frauds
Aug. 28, 1963  Arts and the People
Aug. 02, 1961  Government and the Arts
BROWSE RELATED TOPICS:
Consumer Behavior
General Social Trends
Internet and Social Media
Movies and Entertainment
Popular Culture
Radio and Television