TikTok vs. Hollywood

The rise of TikTok is reshaping the entertainment landscape, with over 1.6 billion users and an average daily viewing time of 90 minutes. Traditional film and TV production is struggling, as evidenced by a 40% decline in ticket sales and production since 2022. The speed and accessibility of content creation on platforms like TikTok are outpacing Hollywood's bloated structure, prompting a new wave of innovative production studios.