The Movie Industry Is Broken

A massive sinkhole recently opened up on Sunset Boulevard at Holloway Drive, just down the street from the heart of Hollywood itself. It’s a fitting metaphor for the financial and creative sinkhole that’s busy hollowing out the entertainment industry. “There’s sheer panic in the ranks. And it’s only going to get worse,” a longtime representative at a major talent agency told me. “We talk about it on an internal Signal chat at work. We can’t even believe how bad things are.”