Specifically, does Hollywood need theaters to survive?
Look, we don’t want to be alarmist. We just wrote about the state of indie film and Sundance, and have been worried about theatrical distribution for—like, ever—but more so over the past couple of years in the wake of the pandemic. But how much can the industry take before it implodes? Can studios earn enough from streaming platforms to make filmmaking worthwhile? What happens to indie creators in the middle of all this?
Every change in film distribution has always led to panic, from home video to streaming, but when COVID-19 hit and almost everyone was going day-and-date (or not releasing anything), everyone worried that it was the final nail in the coffin. You had directors begging audiences to see things in theaters.
Author: Jo Light
This article comes from No Film School and can be read on the original site.
