These are two key underrated points.
I also highly recommend Matt Stoller's article that outlines the current monopolistic structure that dates back from the 90s and rise of theater megaplexes that have exacerbated Hollywood's reliance on recycled branded content and IP.
https://www.thebignewsletter.com/p/can-a-writers-strike-save-hollywood
The greenlight gatekeepers makeup also needs to change. It's been the same peeps bouncing around the different buyers for years and are mostly the the typical Yes-men/women subservient to wallstreet interests to "play the hits" and not taking risks which the industry needs. Iger (72) is back, Zaslav is 63, Brian Robbins is 59. De Luca is 57 (was 27 when he got the President of Production job in the early 90s). The 70s was cited as a Hollywood renaissance and Barry Diller was running Paramount in his 30s. The whole system needs a change.