Hollywood is on edge. There have been corporate layoffs, with fears of more to come after January 1. Peak TV appears to be over (more on that later), and there are rumblings of the first strike-affected work stoppage in 16 years. But if we review the biggest entertainment stories of 2022, there are signs of hope and happier returns, especially in the movie business.
Globally, the movie industry justifiably lost the Russian market due to the Ukraine War, but India’s market is growing, and China has shown glimmers of allowing more American releases moving forward. The concert business experienced a post-pandemic boom, and multiple stadium tours may dominate the next 12 months (and not just from Taylor Swift). Even San Diego Comic-Con returned in full force. A recession may or may not be looming in the U.S. (sorry, Europe), but there is hope that the entertainment industry will once again weather the storm. And, at worst, keep everyone…entertained.
