The film industry is suffering an “existential crisis” over its rapid decline as film studios rack up billions in debt; actors, crews, and producers lose work; streaming services nickel and dime producers; labor unions strike ahead of major contract negations, and more Americans go to the theater — not to mention the avalanche of taxes California Democrats continue to pile on the industry.
The post Oscars 2026: Hollywood Celebrates Itself amid ‘Existential Crisis,’ Looming Strikes, and Steep Decline appeared first on Breitbart.
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