In a recent interview with NYU marketing professor and podcaster Scott Galloway, an outsider to the film industry shared some provocative insights about the “vanity industry” of being a filmmaker in Hollywood, an “industry in structural decline,” and why he thinks the Writers and Actors Unions did a terrible job with their recent strikes, achieving the opposite of what they intended.
I’ve been listening to Scott Galloway’s insights on his podcasts Pivot and The Prof G Show for a while, and he is known to deliver thought-provoking sound bites about the economy, but usually not about the film industry. That was until I listened to the latest episode of “The Town” podcast by Matthew Belloni, in which he gave a scathing assessment of the situation Hollywood is in and how much, in his view, the unions did their members and the industry as a whole a disservice with their recent strikes. And I think he has a point.
