Financialization drives Hollywood consolidation and reduced creative capacity

Evidence

Hollywood has been restructured many times over the past century, with ebbs and flows of cultural diversity and vitality. The current age of streaming and increased production may appear dynamic at first glance, but I argue that finance has facilitated a new wave of consolidation, power, and reduced capacity. — Andrew deWaard, Derivative Media, 51

Categorization

• XREF: Connects to the reader’s ADDeNDUM on trees-as-infrastructure structurally — consolidation as infrastructure analogy for how financial ownership shapes output. — connects to: Post-1971 financialization and the creativity discourse rose in tandem as allied forces — Max Haiven, Cultures of Financialization, 50