The decentralization of film is about to accelerate.

Hollywood's productions have been shut down, movie theaters have zero revenue, and (symbolically) new movies are finally streaming first.

It had been sequels & stasis for a while.

Now it's all moving to AI video on laptops.

Clips are from this Screenrant piece, which details how Hollywood's underlying financial troubles are going to be exacerbated by this crisis.
https://screenrant.com/hollywood-coronavirus-covid-19-industry-changes-after-impact/

Box Office Mojo shows the collapse in movie theater revenue.
https://www.boxofficemojo.com/weekly/?ref_=bo_nb_da_secondarytab

There had already been a trend of YouTube stars and low budget indie productions, but now that's going to dominate everything.

Here's a good overview piece on AI video. https://twitter.com/balajis/status/1219445737576071171

No distinction in production values between YouTube stars & TV hosts anymore.

Both are filming from their homes.

Arguably the YouTube star now has the advantage, as their brand is authenticity. Whereas without the artifice, the TV anchor is "just a guy" rather than "the news".

Budget constraints will mean that it's all YouTube, podcasts, AI video, and done with laptops and webcams.

It won't be about maximizing box office, but minimizing production budget (and hence risk).

Text & video have been decentralizing for a while.

But Hollywood going down means that shared narrative is gone. It had been playing the same sequels on repeat, like a stuck record player, but now it's done. The 20th century is truly over.

Communities make their own movies now.