Or something like that?
This is wild fantasy.
the global power centers of TV distribution, monetization, and intellectual property ownership remain overwhelmingly American.
The "east" has more work to do to capture that magic that the western imperial order (Hollywood) has wrought upon the world.
I will continue to watch and observe how things play out.
Here is some history: https://www.youtube.com/watch?v=W2J0pRJSToU
One serious strand of America's whip of many thongs is the inability or refusal to acknowledge the rise in power and influence elsewhere.
As Gandalf - the last remaining talkshow host - gets pulled off the bridge into the abyss, he looks up to see a motley brigade of multi-cultural hobbits dashing for the surface with their wits and wallets thankfully intact.
Please excuse my excruciating reimagining of your wild fantasy metaphor.
* The largest global streaming platforms (Netflix/HBO/Max, Disney+, Amazon Prime Video, Apple TV+)
* The largest content libraries by revenue
* The most extensive international distribution networks
* The vast majority of high-budget scripted shows (budgets > $5M/episode)
* The highest global licensing revenue streams
* The most valuable franchises (DC, Marvel, Star Wars, Harry Potter, LOTR rights distribution through Amazon, etc.)
No European or Asian company has anything close to this global reach.
If you completely discount Tencent Video, iQIYI, Youku, Bilibili, Kuaishou and so on in this outlook then that is the whip of many thongs in action.
I realise some of these platforms operate behind a wall you can't see over but don't think for a minute that wall isn't coming down.
So far China hasn't broken down many walls, for example I'm fairly sure they can't do what TSMC does.
And for media... guess what, they need to open a lot of things up. There's a lot more freedom of speech in the US, so US media can be about a lot of things interesting to the rest of the world. The US even has a lot media catering to other countries (for example media targetting Chinese audiences).
I mean, China could try that, we have the examples of Japanese and South Korean media, but both of those are democratic, and even then, it took them a long time to develop. Plus neither of them are near the levels of influence US media has.
For example, Tencent Video ranks 4th largest streamer in the world by subscribers after Amazon, Netflix, and Disney+. All American companies.
Your argument doesnt really seem to hold water.
It is very much dominated by American media companies at every level. Funding, development, production, distribution.
East of Madrid is booming, West is in decline.
More accurately the line should be in Lagos but many are more familiar with EU film production centres.
But the EU is "the west". Europe is where "the West" started. It's bizarre you would group EU with the middle east and far east rather than with the US.
Your comments make no sense. India, China, Nigeria, etc may have their own film productions, but they all watch american films. But that's not true of indian, chinese, nigerian films which are consumed locally. Beyond film production, what is india, china or nigeria's equivalent to netflix or hulu or amazon prime?