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Member since:
2006-01-07
There is no real need to produce a lot of new content, because there is already plenty of great stuff being produced outside the USA. Not all of in English, of course, but dialog could be dubbed or subtitled.
Whether or not Americans would want to watch foreign films and TV shows is another question. I personally get pretty sick of the steady diet of violent police action/superhero junk that comes out of Hollywood. Or over-the-top special effects. But the American public is used to watching that kind of garbage, and foreign films/shows are not very accessible. Perusing the video rental stores in the USA, you don't see many foreign films on offer.
Some real competition would force Hollywood to change (hopefully for the better) or go broke.