Michael De Luca warns about the dangers of cutting development funds in Hollywood

Michael De Luca speaks at a press conference, expressing concerns about the impact of funding cuts on original content development in Hollywood.

As studios grapple with rising production costs and shifting audience preferences, many have opted to prioritize franchise films and established intellectual properties. This shift has raised alarms among industry veterans who believe that neglecting original storytelling could ultimately harm the industry’s long-term sustainability. De Luca emphasizes that a robust pipeline of new ideas is essential … Read more