Hollywood’s Blockbuster Crisis
On this episode of The Time of Monsters, Daniel Bessner discusses what corporate monopolies are doing to the dream factory.
The Nation Podcasts
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Hollywood’s Blockbuster Crisis | Time of Monsters with Jeet Heer
On this episode of The Time of Monsters, Jeet Heer and Daniel Bessner discuss what corporate monopolies are doing to the dream factory.
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People at a movie theater.
(Sean Gallup / Getty Images)The summer season has started with a fizzle for Hollywood, as expected hits like The Fall Guy, and Furioso have far underperformed their expectations. This isn’t a matter of a few films. Over the last few years, Hollywood is discovering that audiences are no longer reliably willing to buy tickets for the action adventure franchises that are the mainstay of the film industry. In particular, the once-dominant superhero genre is now fizzling. Adding to the troubles of Tinsel Town is the fact that streaming services, long touted as the future revenue model for the industry, are being squeezed by falling profits and rising interest rates.
Historian Daniel Bessner wrote a lengthy survey of Hollywood’s woes for the May issue of Harper’s Magazine. His account gives particular focus to political economy: the way government regulations and unions once made Hollywood a hospitable home for culture workers and how this has been undermined by the rise of private equity and monopolies. Daniel joins the podcast to talk about the movie industry and its discontents.
The Nation Podcasts
Here's where to find podcasts from The Nation. Political talk without the boring parts, featuring the writers, activists and artists who shape the news, from a progressive perspective.
The Real Scandal is Bombing Yemen, Not the Group Chat | Time of Monsters
This week Washington was abuzz with a security scandal over a group chat planning the bombing of Yemen accidentally included magazine editor Jeffrey Goldberg of The Atlantic. Lost amid the finger pointing about operational security was the fact that the bombing of Yemen is illegal, immoral, and ineffective.
To take up the actual scandal of the war, Jeet Heer spoke with Matt Duss, executive vice president of the Center for International Policy. We also discuss the actual contents of the group chat which real important fissures within Trump’s foreign policy team between neo-conservatives who favor fighting as many wars as possible and unilateralists who insist there has to be a prioritizing of conflicts. This fissure opens the path to a much different foreign policy, one that the left can play a role in shaping.
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