Hollywood needs better tax incentives, more solidarity from the stars and greater openness to new faces, if it is to survive and may yet be scuppered by algorithms and Silicon Valley.
This was the conclusion of a group of veteran L.A.-based producers exploring Hollywood’s future at the producer-focused AVP Summit in northern Italy this week.
“We all came here in our 20s. We all made our mark in entertainment, and we’ve seen Hollywood go from what was clearly the entertainment capital of the world to a city as the crossroads,” commented Primal Fear, Million Dollar Baby and Underworld producer Gary Lucchesi as he opened the debate.
