Hollywoke is going broke. There is no such thing as a blockbuster anymore. Most new films are unwatchable garbage and even big marketing dollars don’t draw interest. The recent Disney bomb , The Little Mermaid, is proof. Nothing Disney produces is any good, and even if it was there are too many people who want nothing to do with increasing their bottom line...
Like anything else, film is not dead, it is just temporarily out of sorts because it has lost its mission...
I think we can look forward to the death of the old guard and the emergence of something entirely new...
Many TV series are on location in Canada and states that offer the tax breaks. Walking Dead was going to filmed in Wilmington NC but NC government cut out the tax breaks. I don't have a source to share. My mom's first cousin told me. He lived in Wilmington and his neighbor worked on The Walking Dead film crew. The only positive I see with shows/movies outside of Hollywood is it gives jobs to people in remote or rural areas.