Janus Henderson, the former chief executive of Disney, says he’s “not a Hollywood type” and is willing to give his time to the worlds most important companies if they are good for business.
The director, whose company, Pixar, is the biggest movie studio in the world, talks about his thoughts on Hollywood and why he sees no need for it to be more of a corporate entity.
He cites a lack of corporate governance as the reason for this and he hopes to see more of this in the future.
Held for the first time by the Guardian, the event was held on Friday in New York.
“Hollywood should not be an orphan industry,” Hendenson said.
“There’s no need to look at it as an industry of the rich and the powerful.
We should be looking at it, as a business, as an economy of the poor.”
He added: “I don’t think it is a business for the poor.
I think it’s a business of the wealthy.”
He went on to say: “There are some people who are wealthy who use the industry for their own personal enrichment.
But if they think about it, there’s no reason why that should be the case.”
The former Disney chief executive also believes that the movie business is becoming too big and he wants to see it remain small, focused on the things that matter most.
“If you look at the film industry today, the biggest part is the box office, the advertising, the distribution,” he said.
“What is important is the creative work, the story, the characters, the atmosphere, and I think that’s where it’s going to stay.”
He also believes the business model of movies should change, and wants more independent filmmakers and artists to make their own films.
He said: “In my view, there are people who have been making movies for decades and they’ve been making good movies.
That’s how it should be.”
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