Hollywood's major media deals are increasingly overlooking the potential of gaming and Web3 technologies, according to investor Joost van Dreunen. Netflix has closed internal studios such as Team Blue and Boss Fight by 2024–2025, while Warner Bros. has returned Spry Fox to its founders. Despite successes like Mortal Kombat, Warner Bros. Games is experiencing leadership changes. Paramount Skydance has mentioned gaming but remains focused on intellectual property adaptations. Van Dreunen argues that Hollywood's emphasis on content ownership fails to recognize the decentralized value offered by Web3 adoption.