As the dust cleared on this week’s stunning presidential election, Hollywood began to sift through the implications of a second Donald Trump administration and its impact on the entertainment business and its creative process.
Many in Hollywood — which includes some of Kamala Harris’ staunchest financial supporters — were still processing their feelings on the election, in which Trump swept both the Electoral College and the popular vote.
His reelection comes at a precarious moment for Hollywood, when legacy studios are severely tightening their belts on newer productions, shipping shoots overseas in search of better financial incentives and starting to experiment with the use of AI, analysts and industry executives told TheWrap.