It feels like the one-two punch of this summer of flops and strikes is going to inflict some major (and long overdue) change on Hollywood. With mega-budget flops piling up, and now a full Hollywood shutdown by unions that will really damage the broader SoCal economy, the Summer of '23 won't be remembered fondly.
Box Office Fallout = These mega-budgets Disney approves have to be reduced ASAP. This is no longer working.
Hollywood Strike Fallout = The future use of AI in writing and background actors must be addressed, because if Hollywood continues to pretend neither of those technologies exist and can be leveraged in production, then media production will just move to a country where those technologies can be leveraged to produce a movie; Canada, Mexico, or God forbid, Communist China.