Hollywood has come to be ruled by intellectual property or IP. It’s why much of the summer fare at the movie theater (and increasingly non-summer fare) consists of $500 million live action cartoons based around established intellectual properties.
It’s also why people increasingly don’t go to movie theaters. And why what’s left of the visual entertainment industry is in a downward spiral concentrated around whether Disney, Netflix or Amazon will be able to beat more franchises to death. (Paramount is gamely trying, but it’s only got one franchise to wokeify and beat to death with a trans hammer.)
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