Michael Douglas Grab On Ant-Man Red Carpet

The transcript discusses the challenges faced by the film industry, particularly the impact of cable television on independent films. It highlights how the distribution of films has evolved from the 70s and 80s to the present, with cable networks now playing a significant role in the industry.

What is the significance of the 70s and 80s in the context of the speaker's discussion?

What role do cable networks play in the current film industry according to the speaker?