It wasn't just Hollywood. We used to post hundreds of films from around the world. Almost every day someone would be uploading something. Back in those days though, we didn't have the speeds or the large hard drives we do today. Those of us who collected this stuff stored them on CD's. Some of us had thousands of them. Filing & keeping track of things took some planning & a ton of storage space.
I used to spend hours editing video. Now a days, I can't stay awake long enough to do much of anything except fart. LOL