Serpiente - its a good idea, but I think your second point is more likely - that we are seeing the relative end of this very soon - it will probably limp along and even continue to punch above its' weight as they'll survive somewhat on the reputation that decades of Hollywood has given them.

But the more YouTube channels that pop up and throw in their two cents the more the reputation of this will continue to suffer. Tough to recruit serious talent when that would-be talent knows that they're going to be rolled over by Dominick Cicale and then get trashed by him every time he uploads a video while they spend their life in prison, if they don't just roll themselves.

It will continue on in Italy and in Canada owing to its weak justice system.