- 2023 was a tumultuous year for Hollywood
- NPR has made predictions for next year
- THIS is what the outlet has said
NPR reports that 2023 was a turbulent year for the media industry. Last year included two massive, industry-shaking strikes, widespread layoffs and major changes to subscription-based streaming services. It's a reasonable question to ask: what will happen in Hollywood this 2024? Here are NPR's four predictions for what lies ahead for the media industry this year.
NPR has a handle on things
One of the first predictions is that there will be fewer TV/streaming series, but in a good way! The economic impact of strikes and rising costs is likely to result in fewer shows being produced and more cancellations.
Also interesting:
However, this trimming comes after analysts complained that the industry was long overdue for reducing an overwhelming amount of TV and streaming programming. There will also be more streaming price hikes, but also more shared content...
Watch the video above to learn more!