I know what you are thinking. In the great depression era the film industry thrived because people went to the movies to forget their troubles. Times have changed and I am inclined to think people still go to the movies to forget troubles but they go to escape from being over worked, stressed out, and just because it has become such a part of the culture to go.
Anyway, for the past decade or so the movie theather revenues have been way down when compared to the past. Music sales both in store and online downloads have been way down in the past 5 or so years.
You could attribute this to technology and piracy but I sometimes think this sort of liesure industry will collapse first.
Entertainment does not mean just movies and song. It can be stuff like horseback riding joints, golf courses, auto races, etc...
I'm inclined to think these industries have done well this far and so close to if not already past PO becasue people just do not want to deal with the fact that life without cheap energy will never be the same so they have wrecklessly continued a course of money allocation as was back when gas was 99 cents and there were no major wars going on. In other words, rather than face up to the fact that the kids can no longer learn to ride horses on the weekend the parents will go into debt and finance lessons on a credit card to not have to deal with the fact that they can not do what they were once able to do.
I kind of predict a rapid decline of the entertainment industry right before the PO situation hits the vital sectors of the society like healthcare and education.
On a side note, the films and shows which have been produced in the last couple of years have more and more portrayals of militarization of law enforcement and the govt. being the savior / all knowing.
Seems like primer for the paint that is going to be dumped on the clueless masses.
Here's a page that updates almost daily with some good reading about how stupid the average Joe is:
http://www.vault-co.com/






