'Devil Wears Prada 2' Producer Finerman: Current movie business is the most difficult I've ever seen

Summary

Movie producer Wendy Finerman discusses the successful re-release of 'The Devil Wears Prada' and the challenging state of the movie business. She praises Disney's marketing machine and highlights industry headwinds from streaming, pandemic recovery, and reduced studio support.

• "The Devil Wears Prada" re-release had a strong opening weekend.
• The movie business is described as the most difficult in decades.
• Streaming and the pandemic have permanently changed audience behavior.
• The writers and actors strikes disrupted the pipeline.
• Fewer studios are producing and financing theatrical films.
• Disney's marketing and partnership capabilities are praised.
• The film's success is seen as an event, drawing groups and nostalgia.
• Audience desire for escapist, non-political entertainment is noted.