<p class="quote"><span style="color: #333333; font-family: arial; font-size: 12px; line-height: 23px;">There is a level of panic in Hollywood I haven&#8217;t seen for a while. Studio execs are being fired right and left and DVD sales revenue (which make up about 50% of a pictures revenue) are falling 15% YOY as people stop buying movies and use rental services like Netflix and Redbox. Foreign DVD revenues from the BRIC&#8217;s are non-existant as piracy continues to flourish with little government attempts to police the more outrageous vendors who make millions of DVD&#8217;s in large duplication factories.</span></p> Jon Taplin end of hollywood, jon taplin, scorcese, opera director the-feed 0 2009-10-19T10:05:21-04:00 <p>Just where did all the creativity go?</p> 4 6187 the-death-of-hollywood 2009-10-19T10:05:40-04:00 true false false false false The death of Hollywood... 2009-10-19T10:05:40-04:00 http://jontaplin.com/2009/10/17/creative-destruction-hollywood-division/ 84 0