sariling insight ko lang ito ha...
i think the local movie industry has flatlined mainly because of the industry veterans who dictate what people should watch. i.e. dapat "pang-masa" which is obvious code for "dumbed down". hindi nila inalagaan yung clients/industry nila (inimpose lang nila ang dated taste nila at minaintain ang status quo).
oh wait, did i say movie industry? i meant garment industry, ummm no, i meant music industry... teka, ikaw na lang ang pumili ng local industry na complacent in light of globalization.
look at south korea... they're not particularly more talented than us, but they've produced income-generating commodities (K-pop, gangnam, korean tv/movies).
i remember this concert/video i had... it was "for those about to rock, we salute you" which featured ac/dc, pantera, metallica etc which was held in russia... this russian band (or host?) exclaimed: "we are tired of listening to neil diamond records!" (or something to that effect). seems like they (russian consumers) didn't have much freedom to choose (or options) when it comes to music.