The nominations for the Oscar awards are out and one thing is clear from those picked to compete. Whoever wins, the entire enterprise is out of step with the anti-woke sea change going on nationally.
What that mismatch tells you is the movie industry has not yet caught up with the culture shift that’s happening. For that reason, I don’t expect a lot of big hit films in the coming year. An alert stock picker might short industry stocks.
Hollywood is a place where dreams are turned into entertainment. It has historically been to the left of society in general. Hence the McCarthy hearings and the blacklist. When entertainers target the public’s taste they do fine, when they try to shape or ‘improve’ that taste, not so fine.
