The Future of Entertainment – Golden Era of Streaming

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Date/Time
Date(s) - 06/08/2022
8:30 am - 11:00 am

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The Future of Entertainment: Golden Era of Streaming

As the world’s economy began to shut down in March of 2020, industries across the globe closed their doors to help stop the spread of COVID-19. Entertainment and movie theaters worldwide all but shuttered. In an industry that was already experiencing some uncertainty with a changing landscape, the pandemic further exacerbated the situation. It forced companies to adapt at a rapid pace.

Studios soon relied on the new wave of streaming services for their new releases to keep the audiences who they previously relied upon theaters to attract. Warner Bros. Discovery and HBO Max – both units of WarnerMedia – announced in late 2020 that all planned theatrical movies would also be released on streaming concurrently throughout 2021. Many competitors announced similar strategies around the same time.

Fast-forward to the present day, streaming isn’t only impacting the movie-going experience. Production is roaring back to life and studio space is becoming hard to find; companies are developing new strategies in an attempt to find the balance between streaming and traditional consumption.

This Future Forum will explore how consumers’ changing expectations and desires impact the movie industry, what demand for content and in-home streaming is doing to shake up the industry, how various sectors are being impacted, and if the region of LA County is truly in a new golden era of entertainment.

The LAEDC is focusing on timely research to provide regional insights that will inform the entertainment ecosystem’s decision-makers about the state of the industry and where the opportunities are.

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