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Hollywood Is Still Everywhere, but Asia Is No Longer Just Watching

Summary by Fair Observer
Hollywood is not collapsing — American films still dominate global screens, shape popular imagination and remain one of the most powerful instruments of US soft power. Yet Hollywood’s dominance is no longer as unquestioned as it once was. Asia, long treated primarily as a market for American cultural exports, is increasingly shaping the global cultural landscape. Over the past three decades, Hollywood has become increasingly dependent on interna…
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Fair Observer broke the news on Thursday, June 18, 2026.
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