The Oscars, often criticized for a lack of diversity, helped change that narrative Sunday by celebrating the South Korean comedy-thriller "Parasite." The film took home four awards, including best picture — a first for a non-English-language film.
Hollywood's growing embrace of globalization is notable. Entertainment is a worldwide industry. China is now the second-largest film market in the world after the U.S. Soon it likely will surpass it.
As "Parasite" and other notable films have shown, the international film business is more than a source of box office revenue for Hollywood. Talent and storytelling come from many corners of the planet.
Another lesson of "Parasite" is that industries flourish when they expand beyond borders. The NBA is a prime example. Players from Europe, Latin America, China and elsewhere have made the NBA better, and consequently made the NBA more money. When the NBA All-Star Game takes place on Feb. 16, one of the two captains will be Giannis Antetokounmpo, who was born in Greece to Nigerian parents. A while back, the NFL began playing games in London, and more recently, Mexico City.
Businesses that don't think globally risk becoming irrelevant. The same is true, by the way, for cities.
Until now, Hollywood's relationship with the rest of the world has been largely one-way. Distributing "Star Wars" or "Titanic" to markets in Asia, Europe and the rest of the globe meant more revenue for U.S.-based studios.
Here's hoping "Parasite" is a sign that Hollywood's thinking has forever changed.
FROM AN EDITORIAL IN THE CHICAGO TRIBUNE