HOLLYWOOD, CA—Causing the entirety of the Hollywood film business to collapse overnight, every Hollywood studio has permanently shut down Thursday after a livestream by streamer IShowSpeed was rated 10/10 on IMDb. “Effective immediately I am shuttering the entirety of our operations permanently, we simply cannot compete with Mr. Speed and his ability to make every second of a 4-hour livestream meme material. We thought ‘A Minecraft Movie’ was full of memes, but this is a whole other level” said Warner Bros. Discovery CEO David Zaslav before mourning the fact he won’t be able to get anymore tax write-offs by shelving already finished projects. “It is with a heavy heart that we are going to have to close down. It was an honour to create so many memorable moments for people all over the world for over a century, and consolidate so much power that we essentially ran our own mini-state inside of Florida with our theme park. But Mickey Mouse simply cannot challenge the likes of IShowSpeed and his incredible ability to pull funny faces,” said Disney CEO Bob Iger in an investors call early Thursday morning before being stomped on by the Pixar lamp. In a joint statement, CEO’s of all the major Hollywood studios said they were devastated to have been robbed of the opportunity to capitulate to U.S. President Trump even more with further settlements and bribes. At press time, Vince Gilligan, co-creator of Better Call Saul and creator of Breaking Bad, which sits with the second highest rated episode on IMDb behind “EARLY STREAM!” by IShowSpeed, revealed that he was also the executive producer behind the famous livestream.