Advantages and Disadvantages of Hollywood's domination?

Advantages:
The advantages to having a Hollywood dominate will lead to bigger budget films, including well-known actors and very good directors, editors and designers. This will attract big audiences and the majority of the time big hollywood films make a large profit, compared to UK independent films, of which only 7% of them actually make a profit. This has a direct impact on the UK economy such on the cinema entries in ODEON or VUE for example. The advantages of Hollywood is that they often have scouts whom search for new acting talent and get many actor discovered such as Johnny Depp in A Nightmare on Elm Street (1984 version).

Disadvantages:
A disadvantage to Hollywood is of course that it marginalizes the british film industry as it creates competition with british independent films which cannot compete with high budget films that are created in Hollywood, therefore explains why only 7% make a profit because cinemas prefer to screen those movies as opposed to UK films.