The year 2020 has been a roller coaster ride for the entertainment industry. From the pandemic to the Black Lives Matter movement, the entertainment industry has had to adapt to a new normal. As we look back on the year so far, here are some of the biggest entertainment stories of 2020.
1. The Coronavirus Pandemic
The coronavirus pandemic has had a huge impact on the entertainment industry. Movie theaters, concert venues, and other live entertainment venues have been closed for months, leading to a massive loss of revenue. Many films and television shows have had to be delayed or released online instead of in theaters. Streaming services have seen a huge surge in subscribers as people look for ways to stay entertained while stuck at home.
2. Black Lives Matter
The Black Lives Matter movement has had a huge impact on the entertainment industry. Many celebrities have used their platforms to speak out against racism and police brutality. There has been a push for more diversity in Hollywood, with many studios and networks making a commitment to hire more people of color.
3. Streaming Wars
The streaming wars have been heating up this year, with many new streaming services entering the market. Disney+ launched in November 2019 and has already become a major player in the streaming wars. Other services such as HBO Max and Peacock have also launched this year, giving consumers more options than ever before.
4. Music Streaming
Music streaming has become increasingly popular this year, with many artists releasing their music exclusively on streaming services. This has led to a surge in revenue for streaming services, as well as a new way for artists to reach their fans.
5. Social Media
Social media has become an even bigger part of the entertainment industry this year. Many celebrities have used their platforms to speak out on important issues, while others have used it to promote their projects. Social media has also become a major source of news and entertainment for many people.
These are just a few of the biggest entertainment stories of the year so far. As we look ahead to the rest of 2020, it will be interesting to see how the entertainment industry continues to evolve.
