Is TikTok Killing Hollywood - Insights From a Motivational Speaker
Is TikTok killing Hollywood?
Ever wondered what change looks like?
🤦♂️ Since 2022, film and TV production in the US has fallen 40%.
🤦♂️ In the past decade, ticket sales for movies have fallen 40%
🤦♂️Since the pandemic 1 in 5 cinema patrons has vanished.
🤦♂️The unemployment rate in Hollywood is currently three times the national average. It's 12.5%.
Compare that to
🔸the average TikTok user spends over an hour on TikTok every day.
🔸The TikTok user base since 2018 has 6X’d
🔸70% of Gen Z say that if given the choice, they would choose TikTok over any other streaming platform
I watched the Hollywood writers strike last year from afar with affection and frustration.
Affection because I spent 25 years in the film and TV industry.
Frustration because I saw the writing on the wall 15 years ago and got out. Budgets were already being slashed. Programs were getting shorter. Morale was waning.
As I watched the picket lines of strikers I thought you don’t get it do you? You can’t stop the tide coming in.
In those 15 years since I left the industry, the skills I have learned have made me change-ready.
This is important because who is valuable in a fast-changing world? People who can change.
I know I will survive most change now. Maybe more modestly. But I’m not worried about it.
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If we haven’t met yet…
I never considered myself good at change until I went from
-average shot to army sniper
-home movies to National Geographic cameraman
-fumbling card tricks to a professional magician
-never swinging a hammer to building a home
-high school dropout to published author
-business illiterate to building & selling a business
-stutterer to motivational speaker
Turns out I know how to change, I know how to make it simple, and I know how to stand on stage & make it fun so others want to do it too.
#change #resilience #motivationalspeaker