Please help to rephrase as followingnonetheless hollywoods, Ask an Expert

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Please help to rephrase as following:

"Nonetheless, Hollywood's ongoing production of reagon movies and their commercial vogue worldwide suggest the movie formulas and enduring appeal both as frachises for the major studos and consumable cultural commodities for an expanding global audience.

Hollywood's blockbuster cultural colonialism presence led by multimedia conglomerates such as viacom. Early 1980's Disney not only dominating movie making worldwide,a process capatalized but also employs a colonalism style of story telling that may aggravate cultural relations with other nations."

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