Why the Hollywood Studio Model Is Outdated in the Current ‘Arms Race for Talent’ (All Things Video Podcast)

“I had too many really good projects die because I was forced to hire who was hot, not who was right for it,” former Paramount exec James DeJulio says

James DeJulio, the co-founder & CEO of Tongal, a global community of creators that develops video content for networks, studios and brands, has learned a lot about Hollywood over the years. Prior to launching Tongal, James was an executive at How2TV, Paramount, and Half Shell Entertainment.

In this episode of “All Things Video,” James and I explored the changing entertainment landscape. James argued that the traditional Hollywood model is outdated, which has led to fewer films being produced, a greater reliance on sequels built around major franchises, and a risk aversion that prohibits creativity and experimentation.

As James pointed out, “You don’t get fired for casting Tom Cruise.” That said, just because someone is a big star doesn’t necessarily mean he or she is right for a particular role. In fact, this idea is what prompted James to leave Paramount: “I had too many really good projects die because I was forced to hire who was hot, not who was right for it.”

Not only is James zealous about giving up-and-coming talent a shot; he also believes that Hollywood’s…

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