I'm not saying it's bad or good. But I wish we have less Hollywood, less Netflix, less american music, less american videogames, less imported american culture topics etc when actual local music, movies, books, games exist.
If you go to Brazil, for example, there's zero worry about American music. Brazilian music holds its own, and then some. If you go to India, their domestic cinema is obviously thriving.
Nobody's "pushing" American media on consumers around the world. Cultural imperialism is ultimately a false narrative -- consumers pick the things they like, as they should because that's their free choice. Switching the TV channel or the radio dial is the easiest thing ever.
I can't think of any industry that is more merit-driven than entertainment, and never more so than today -- both in terms of creation and distribution. A good movie is a good movie period. No amount of advertising and promotion can make people go watch a flop.