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Kevin Mayer Says There's 'Not Enough' Alarm Over Hollywood Becoming 'Less and Less Relevant'

Veteran entertainment executive Kevin Mayer sounded the alarm bells on the lessening relevancy and profitability of Hollywood.

In an interview with Variety, Candle Media co-founder and CEO Kevin Mayer expressed concern over the diminishing relevance of Hollywood, attributing it to the rise of short-form content on platforms like TikTok and YouTube. Mayer, who previously served as chairman of Disney's direct-to-consumer and international division, highlighted that the entertainment industry is undergoing a significant shift, with traditional long-form content losing ground to the more engaging and easily consumable short-form videos. He emphasized the need for Hollywood to adapt to these changing consumer preferences to remain competitive, suggesting that the industry's current trajectory could lead to a future where traditional media becomes increasingly marginalized.

Read the Full TheWrap Article at:
https://www.msn.com/en-us/money/news/kevin-mayer-says-theres-not-enough-alarm-over-hollywood-becoming-less-and-less-relevant/ar-AA1C6FHB