The discussion at the Black Blockchain Summit focused on whether blockchain technology can help save Hollywood, especially amid industry struggles like the recent writer and actors’ strikes. Panelists Candy Nicole, a filmmaker and industry insider, and Ryan Cooper, a blockchain and music expert, shared insights about the challenges Hollywood faces, including financial struggles and exclusion of diverse voices. They emphasized how new technology, including blockchain, NFTs, and decentralized platforms, offers opportunities to create independent distribution, new financing models, and direct connections between creators and audiences. The conversation highlighted the potential for blockchain to reshape entertainment by empowering creators, fostering cooperative models, and building new marketplaces, though significant hurdles and uncertainties remain. They also discussed the evolving power dynamics in Hollywood and upcoming events focused on AI and technology integration in entertainment.
