Earlier quoted context omitted.
Americans are paid a higher wage. Dollar goes further with exchanges
> Americans are paid a higher wage. For now. The rest of the world is rapidly catching up in pretty much every sphere. But take movies: America has but a paltry 330 M people. The appetite for "American" media will wane as India, China, and other vastly more populous Asian countries begin to produce Hollywood-caliber films. American box office increasingly relies on non-domestic consumption. Chinese films are doing bi…
the exception is Korea but here too they make movies for themselves that also happen to resonate well with western audiences.
nobody is going to take over the place of hollywood anytime soon.