It occurred to me that the cinema as we knew it would be soon over as soon as I saw the first episode of Lost. Technology is definitely driving the price of con

It occurred to me that the cinema as we knew it would be soon over as soon as I saw the first episode of Lost. Technology is definitely driving the price of content production but also content consumption to the bottom and there is no way escaping it, except maybe what Netflix is currently doing - original content - which they are getting better and bette at. It is kind of a medium between hollywood productions and youtube - fun, engaging and most importantly agile. According to Netflix reports they spent a lot of money last year but the amount of original content produced in a single year is astonishing. That being said, younger generation prefer watching youtube which is 95% free - and I can see the appeal. I doubt that we will stop watching movies anytime soon but I am more than certain that the format will change to make it bite-size, more engaging and instantly available for a small fee that makes it actually rather annoying to use torrents to consume pirated content. Netflix is right there but what I find even more interesting is what Amazon is doing because of the way they package everything up into a single service. Let's be honest, the most annoying thing with subscription services, regardless how less you are charged, is the renewal. I know this first hand because I run my own SaaS. Amazon packages everything into their prime subscription which is annual and for a small fee not only you get to receive expedited delivery on many of the items but also original content and music and that is quite a killer feature that is hard to compete with. Combine this with the fact that almost every modern TV you can buy since 2016 is preloaded with Netflix and Amazon Video - you start to get the bigger pictures. I am sure others such as Google and Apple will follow but they might be too late in the game.