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George Clooney Says Hollywood is Getting Bought Out By the ‘Walmarts and Amazons’ of the World

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The Changing Landscape of Hollywood: George Clooney’s Take on Conglomerates and the End of an Era

In recent years, the entertainment industry has undergone a dramatic transformation. George Clooney, one of Hollywood’s most prominent figures, has openly expressed his concerns about these changes. In a candid interview with GQ UK, Clooney shared his thoughts on how conglomerates are taking over Hollywood, leaving behind the traditional studio system that once nurtured talent and creativity.

The Rise of Conglomerates in Hollywood

Clooney’s comments reflect a broader sentiment about the corporatization of Hollywood. Historically, Hollywood was dominated by a few major studios, often referred to as the “Big Five”: MGM, Paramount, Warner Bros., 20th Century Fox, and RKO Pictures. These studios operated as independent entities, each with its own unique identity and approach to filmmaking. They were the “mom-and-pop shops” of the entertainment world, as Clooney puts it, fostering close relationships with the actors, directors, and writers they employed.

However, the landscape of Hollywood has changed drastically in recent decades. The rise of global conglomerates, fueled by massive mergers and acquisitions, has led to a concentration of power in the hands of a few multinational corporations. Companies like Disney, Comcast, and AT&T now own vast portfolios of media assets, including film studios, television networks, and streaming services. This consolidation has fundamentally altered the way movies and TV shows are produced, marketed, and distributed.

One of the most significant examples of this trend is Amazon’s acquisition of MGM Studios in 2021. MGM, a storied studio with a rich history dating back to the 1920s, is now part of the Amazon empire. Amazon also operates its own studio, Amazon Studios, and a popular streaming service, Prime Video. This move was emblematic of a broader shift in the industry, where tech giants and retail behemoths are increasingly encroaching on Hollywood’s traditional turf.

The Impact on Actors and Filmmakers

Clooney lamented the impact of this consolidation on actors and filmmakers. In the past, studios were deeply invested in the careers of their stars. The “studio system” of Old Hollywood, which thrived from the 1920s to the 1950s, was built on the idea of creating and nurturing stars. Actors were often signed to long-term contracts with a single studio, which would carefully manage their careers, selecting roles that would enhance their image and marketability.

However, Clooney argues that this system has largely disappeared. “They haven’t developed stars the way the studio system used to,” he said. “We kind of were at the very end of that, where you could work at a studio and do three or four films, and there was some plan to it.” Today, actors are more likely to work on a freelance basis, moving from project to project without the same level of studio support.

This shift has made it harder for studios to “sell” movies based on the star power of their leading actors. In the past, a film starring a major star like Humphrey Bogart or Audrey Hepburn could be a guaranteed box office success. Today, studios rely more on franchises, intellectual property (IP), and big-budget spectacles to draw audiences. While this approach has its successes, it has also led to a more homogenized and risk-averse industry.

The Silver Lining for Young Actors

Despite his concerns, Clooney also sees a silver lining in the current state of Hollywood. The proliferation of streaming services and digital platforms has created more opportunities for actors and filmmakers than ever before. “Now there are 600 shows, so there’s a lot more work for actors,” Clooney noted. This explosion of content means that young actors have a better chance of finding work and building their careers, even if they don’t have the backing of a major studio.

Clooney himself has enjoyed a remarkably long and successful career, defying the odds in an industry where fame can be fleeting. Reflecting on his journey, he recalled a conversation with fellow actor Matt Damon. “I was like, ‘Just know that if you get a 10-year career, playing at that level, it’s an absolute jackpot.’ Nobody sustains it much longer than that.” Clooney’s longevity in Hollywood is a testament to his talent and adaptability, but it also underscores the challenges that today’s actors face in a rapidly changing industry.

Conclusion: The Future of Hollywood

As Hollywood continues to evolve, the concerns raised by George Clooney are likely to resonate with many in the industry. The rise of conglomerates and the decline of the traditional studio system have brought both opportunities and challenges. While there are more platforms and projects available than ever before, the personal touch that once defined Hollywood’s golden age is fading.

For aspiring actors and filmmakers, the key to success in this new landscape may lie in adaptability and resilience. The industry may be changing, but the need for creativity and talent remains as strong as ever. As Clooney’s own career demonstrates, those who can navigate these changes and continue to deliver compelling performances will always find a place in Hollywood, no matter how much it evolves.

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Megan Dianehttps://www.projectcasting.com
Hi, I'm Megan Browne, the Head of Partnerships at Project Casting - a job board for the entertainment industry. As Head of Partnerships, I help businesses find the best talent for their influencer campaigns, photo shoots, and film productions. Creating these partnerships has enabled me to help businesses scale and reach their true potential. I'm excited to continue driving growth by connecting people with projects they're passionate about.

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