At the end of her chilling New York Times Op Ed, author and screenwriter Hilary De Vries wrote that she would be thinking of her departed residential neighbors while watching the Oscars Sunday night. In the piece, she recounted how a female writer-director and a pair of soap opera actors on her block have recently been separately foreclosed on by the Great Recession.
In response to De Vries, CNET media and entertainment columnist Greg Sandoval cautions that Hollywood’s DVD cash cow has been permanently put out to pasture. He also reminds that there is now a firmly entrenched public view about the digital media space, reflected by the recent defeats of the PIPA and SOPA bills:
I’m not trying to spread fear, uncertainty, and doubt. I grew up in Los Angeles. I have family and friends who make their living in the film sector. I’ve also covered tech for more than a decade, and what’s happening to the film industry now is something I’ve seen happen to media before.