Peter Bart: Will Hollywood’s Cutbacks Inhibit The Comebacks? We’re Nearing The Moment Of Truth
deadline.comThe news of the moment keeps veering between cutbacks and comebacks. Keep your shrink on hold. Paramount is laying off thousands and closing its TV studio, but Skydance’s David Ellison, its new owner, promises that an important new slate is on its way.
Disney is shedding employees as park attendance sags, but also is investing billions in new theme park attractions and even a solid entertainment slate (Bob Iger calls it a “turbocharge”).
Even battle-scarred United Artists with Scott Stuber as its new savior promises yet another comeback after alternate decades of brilliance and disaster.
Given all this, the ongoing drama surrounding Warner Bros Discovery’s David Zaslav seems downright comforting. I take more than an academic interest in all this since I’ve personally been enmeshed in both ups and downs (the “ups” at ’70s Paramount were more memorable).
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