Source: The Ankler
Hollywood studios are releasing fewer theatrical films while losing control over which movies reach audiences. TikTok's algorithm now determines opening weekend success more reliably than traditional marketing or studio positioning. Theater owners, already operating on razor-thin margins post-pandemic, face studios that won't commit to consistent release schedules and an audience whose moviegoing decisions are driven by viral moments rather than studio campaigns. The old contract between exhibitors and distributors has broken down. Hollywood's century-old gatekeeping power over what gets seen has collapsed, replaced by social platforms where a 15-second clip can make or break a $200M investment.