The Economics of Hollywood: Hollywood

The video explores the impact of COVID-19 on the global box office, highlighting a 71% revenue decline. It delves into the economics of Hollywood, including funding, subsidies, and the industry's role in the US economy. The shift in movie consumption from theatres to online platforms is discussed, alongside the effects of inflation on ticket prices. Technological advancements in film distribution are also covered, emphasizing the dominance of major studios.

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