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Michael Douglas: Silicon Valley Has Made Producers ‘Look Like Paupers’

Summary by IndieWire
Michael Douglas is detailing just how much streaming has affected the role of producers in Hollywood. The actor/producer, who at Cannes was celebrating the 50th anniversary of “One Flew Over the Cuckoo’s Nest,” which he produced and won an Oscar for, told Deadline that Silicon Valley-based companies such as Amazon and Apple have “inhaled Hollywood.” And that’s even despite filmmaking not being their core conglomerate purpose. “Today, streaming h…

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Deadline broke the news in Los Angeles, United States on Wednesday, May 21, 2025.
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