I don't think so. I think Hollywood in its original form is effectively dead. A bunch of major studios are moving elsewhere out of California. You have Netflix becoming a direct and big competitor. You have big budgets looking at filming in Texas. The movie stars power has waned so much from public view. We basically have no new celebrities. We have Jenna Ortega, Tom Holland, and Zendaya. Can you name any others though that aren't one and done new movie names? Those are the biggest new names I've known. It's all old movie stars being advertised. John Boyega has a dead career. Daisy Ridley has a dead career. The newest and most successful young actor in the past 10 years I can think of is Adam Driver and that's....a thing I guess.
On top of that, the movie theater is basically dead. Everyone watches movies on streaming or pirating. The New Hollywood will be like everything else, a decentralized industry with no hub. It's not really optimistic to say either. It's already happened and is currently happening. The old big budget IPs aren't landing. Minecraft and Mario are doing exceptionally well. 2025 isn't saving it either. NOTHING is coming out in 2025 that will change Hollywood's trajectory. It's a pretty sparse year for nothing but sequels to things like Fnaf, reboots, and no big movie events. People are hopeful for Fantastic Four and Avengers....but I just don't see it happening.