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Hollywood Cannot Rely On Old Movie Franchises For Profitability Anymore

There is a general decline in the movie business, and the future does not look very good. Anyone who says otherwise is probably lying or just ignorant, and there are plenty of reasons to be afraid. First off, it has been about 130 years since Thomas Edison invented the kinetoscope and ushered a revolution in the theatre industry. In the 20th century, the cinema business has been at the forefront of new stars such as Garbo and Rin Tin Tin, Rambo, Commando, and impressed crowds with dangerous sharks and huge dinosaurs. Blockbusters made millions of dollars in revenue and created the most famous movie industry in Hollywood. Nonetheless, there is anxiety among producers, theatre owners, studio executives, and filmmakers alike as the cinema lights begin to flicker.

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