Hollywood Implosion

Yesterday I started theorizing about a Hollywood implosion that comes about from a variety of interrelated factors. My theory was the writers strike lasts longer than anyone expects, reality tv shows gain even more popularity, and a webisode as strong as Curb Your Enthusiasm or Always Sunny in Philadelphia starts to steam via Apple or Google or some other computer-based company. Ad dollars hit a tipping point and flow to the internet and combined with the rise of cable channels, Network TV is suddenly in a huge lurch. This puts a lot of LA people out of work, people who can retire, retire. Talent moves to other jobs and Hollywood abruptly shirks, simply because the money fades away.

I didn't even factor China or piracy into the equation. Countries like China who are able to throw around economic weight by not releasing Hollywood movies (hurting overseas box office) and by tacitly allow piracy can do a lot to cripple Hollywood, should they have reason to do so...ie angry about Taiwan, want to promote their own domestic film industry, or sense weakness in Hollywood's hand. I mean, is this coincidentally happening at the same time as the writers strike?

Economics, technology, piracy, human personalities, all these factors - which sometimes line up in Hollywood's favor - are lining up against Hollywood at the moment.