In the 1950s, television tore a huge chunk out of Hollwood’s hide. Within six years of the introduction of TV to consumers, movie theater attendance was down 50%
Today, theater attendance is only one sixth – yes, 1/6 – of what it was in the late 1940s.
So what did Hollywood do?
They grasped at straws like 3D movies.
Fast forward to 2006…
The Internet, digital video and DVDs are threatening to put the final nail in the coffin of big budget Hollywood spectaculars.
So what is Hollywood doing? Director James Cameron is singing the praises of…
Recycling a goofy idea that was too corny even for the 1950s?
Things must be worse in Tinseltown than I thought. (I’m not shedding any tears by the way.)
– Ken McCarthy
P.S. For over 25 years I’ve been sharing the simple but powerful things that matter in business with my clients.
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