No Mercy / No Malice: Think Bigger

Hollywood's Struggles

Hollywood is grappling with significant challenges as major studios face declining fortunes. Scott Galloway highlights the struggles of industry giants like Disney, Warner Bros., and Paramount, noting that Disney's stock has plummeted to a nine-year low with a 7.4% decline in subscriptions 1. The industry's reliance on recycled content is evident, with all top-grossing movies last year being repurposed from existing intellectual property 1.

The writers can keep fighting for a larger slice of the pie, but the pie gets smaller every day.

--- Scott Galloway

Galloway urges Hollywood to "think bigger" as the rise of social media platforms like TikTok continues to erode traditional media's dominance 1.

   

Disney's Evolution

Disney's transformation reflects broader industry shifts, as Scott Galloway discusses the company's strategic decisions and their impacts. Once a unique motion picture studio, Disney's growth has led to questions about whether it has eroded its core identity 2. Despite recent headlines celebrating the Writers Guild's tentative agreement with producers, Galloway argues that the real adversary is big tech, not Hollywood executives 2.

Despite headlines declaring victory, the WGA, the writers union, has lost. They misidentified their enemy and in doing so ceded power to their true nemesis, big Tech.

--- Scott Galloway

He emphasizes that the key issue remains financial, with writers seeking more compensation in an industry increasingly dominated by technology 2.