Hollywood on the Brink: Industry Faces Potential Chaos Amid Streaming Wars
At the recent Bank of America Media, Communications & Entertainment Conference, Vince Vinciquerra, the CEO of Sony Pictures Entertainment (SPE), warned that Hollywood is poised for a tumultuous period over the next 18 to 24 months. Vinciquerra predicts a wave of mergers, bankruptcies, and corporate upheavals, suggesting that only the largest companies will weather the…