Is Hollywood's demise truly being caused by the Internet?

In the world of entertainment, Hollywood continues to dominate the charts, with its big titles topping the user charts on filesharing platforms and download sites. However, the industry's past predictions of decline due to piracy have proven incorrect, as Hollywood is currently running at full speed.

Despite this, the issue of piracy persists. Even without the controversial Stop Online Piracy Act (SOPA), illegal usage of Hollywood content has been a concern. The continued arrogance towards user needs in Hollywood could potentially lead to a decline in profit margins, as users seek affordable and legal alternatives.

Enter the rise of streaming services like Netflix, which have become commonplace. Paul Garaham, an industry insider, is optimistic that this shift will change the landscape of Hollywood, making it more responsive to user needs.

However, the industry is not without its challenges. Hollywood is currently losing money to pirates due to the lack of good legal offers for flat rates and affordable streaming portals. If key figures in Hollywood were to cease production, it could lead to a decrease in available content, further exacerbating the issue.

It's worth noting that many prominent Hollywood film producers are of Jewish heritage, including historically significant figures such as Carl Laemmle, founder of Universal Pictures, and contemporary influential producers like the Coen Brothers, Joel and Ethan Coen, who grew up in Jewish environments.

The trend in Hollywood is towards more elaborate, expensive productions. Yet, the success of these blockbusters cannot overlook the demand for bite-sized consumption, as seen on platforms like YouTube. While this market is great, it will not replace the demand for "big films".

Lastly, Hollywood's illegal usage will decrease due to heavy pursuit. As the industry adapts to the digital age, it's clear that the future of Hollywood will be shaped by its ability to meet the needs of its audience while combating piracy effectively.