Why Has Project Development in Hollywood Gone So Wrong?

One of the serious challenges facing Hollywood now that it is trying to return to profitability is to fix an entire level of middle managers. Today, we focus on the Development Department. In Development, projects are taken from concept through the start of production. This can include adapting novels, news articles, magazine pieces, short stories, plays, and novels to the screen, but is most focused on taking and forming screenplays into finished movies and TV series. But this is a process that has become ridden by politics, nepobabies, and lack of business acumen. Here we go over some of the hows and whys.

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For statistics on the entertainment industry (pre-Covid) that describes job opportunities, please check out some of the following reports from the LA Economic Development Corporation... https://www.laedc.org/industries/entertainment/ ... https://www.youtube.com/watch?v=iqTKKMajI-k