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My hot take is that we're just repeating what the industry experienced in the 50's when television "killed" Hollywood movies. Hollywood isn't going anywhere, and the real thing you should be concerned about is video games being assimilated into Hollywood like television was. Video games becoming more and more cinematic expressions while studios gradually get more video game adaptations out the door like The Mario Movie and Fallout.
RT: https://poa.st/objects/8b93f6d1-bb9c-488d-90e0-a573b68268c0