Or... Maybe The "Hollywood" Concept is Outmoded

I love grand sweeping statements. Oh, wait, they usually just make people sound like idiots. Now, I know half the time they are purely the function of journalistic attention grabbing, but I'm tired of that excuse really.

I think Asia is going to replace Hollywood with its own internal forms of entertainment. They're likely going to see some revenue from the US and Western Europe. I think we're likely to see more and more local supplies of entertainment. We'll have a disruption of the Hollywood model, though you'll then likely have a re-acquisition phase as these companies are brought into the fold of US Entertainment Multinationals.

Suddenly it looks like Hollywood again. Doh.

Unless companies in these new locations make a specific effort to not be acquired, then this is how I would suspect it will go. Even if they do attempt to avoid being acquired, you have the difficulty of those same multinationals setting up shop in town and hiring away all of your freshly trained workers.

I'm not trying to make this sound worse than it is or vilify the corporation, just stating that at least up until now this is how it seems to be going.

Red Herring - Is Asia the Next Hollywood?

The explosive growth of Internet video gaming could transform Asia into the global entertainment industry’s next development hub, an audience at Silicon Valley’s Kincon innovation conference heard this week.

"I think Asia is the new Hollywood," said Susan Choe, founder and CEO of game publisher Outspark. “"t’s a big statement, but who thought L.A. was going to be the center of the [entertainment world]?"
...
So Outspark and many other companies are betting on Asia’s ability to deliver advanced forms of online entertainment to international markets. The San Francisco-based publisher of Asian games is still in stealth mode, but it is expected to begin testing a multiplayer online game called Fiesta this summer (see http://rh.blogtronix.net/Home/349).