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.
Factchecking Won’t Save Democracy | The Time of Monsters with Jeet Heer
For this week's edition of The Time of Monsters podcast, we're posting a talk that host Jeet Heer gave at Carleton University earlier this November on how the crisis of democracy is related to the crisis of journalism. In the talk, I argue that we are living in an age where the salient political divide is not so much left/right as system/antisytem. Liberals have tried to fight antisystem politicians like Donald Trump by doubling down on factchecking.
But as I argue, this strategy is deeply flawed since voters who respond to antisystem arguments are also skeptical of institutions that claim to check facts. The talk tries to lay out a strategy for engaging with antisystem anger in a more productive way.
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