The date marked a massive sigh of relief for traditional movie theaters.
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Looking back, this date represented the peak of the "unlimited growth" mindset in media. Shortly after the ball dropped, the industry began a period of "correction"—marked by price hikes in streaming services, a crackdown on password sharing, and a renewed focus on ad-supported tiers. The date marked a massive sigh of relief
: In a crossover of religious and global media significance, the death of the first Pope to resign in 600 years occurred on December 31, 2022, dominating front-page headlines. 2022 Digital Trends: Gaming & AI : In a crossover of religious and global