Barry Diller, in a recent interview, declared that Hollywood's dominance over the entertainment industry is over, with companies like Netflix, Amazon, and Apple now controlling the global film and television business. Diller expressed his disdain for Donald Trump, stating he has not spoken to him in 45 years and wants him 'pushed into the dustheap of history.' He also mentioned his experiences at Studio 54 and his big push into Vegas. Additionally, Diller discussed his enduring affection for Paramount and his recent bid for the company. Executives from Searchlight Pictures echoed Diller's sentiments, noting that their studio cannot compete with the financial power of streaming giants like Netflix, Apple, and Amazon but highlighted their focus on 'humanity.'
Searchlight Gets ‘Priced Out’ by Streamers and ‘Can’t Compete’ With Amazon, Netflix, or Apple https://t.co/BAGNqFZTXD
Barry Diller: "Hollywood’s hold over worldwide entertainment has “gone. It is no more. Netflix, Amazon and Apple are really the controllers of the worldwide film and television business.”" https://t.co/dxl1SmtxFb
Top Searchlight Exec Says Studio Gets 'Priced Out' by Streamers on Daily Basis: 'We Can’t Be Competitive With Netflix, Apple or Amazon' https://t.co/bgNk01Na57