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One sure precursor to any Golden Age in Hollywood? A long fallow period preceding it, not unlike the one we’ve been in. Now, with a spec market for originals coming back to life, and fresh opportunities for producers and writers to make money through YouTube, branded content, podcasts and yes, AI, Sean McNulty, Elaine Low, Richard Rushfield and Janice Min take stock of where the industry is heading in 2025 with cautious optimism. Plus: The gang dissects the Blake Lively-Justin Baldoni smear campaign revelations.

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