Generative AI Booms as Hollywood Cuts Jobs Amid Heated Streaming Wars
• Generative AI tools emerged as a major industry force, transforming production processes
• Streaming wars intensified with Netflix solidifying global subscriber lead while rivals cut budgets
• Hollywood faced steep cuts with major studios articulating pullbacks impacting jobs
• Variety's "Strictly Business" podcast featured top media CEOs and producers over the past year
• The year saw ups and downs - AI's rise, streaming wars, Hollywood cuts, Taylor Swift's success