3 ms·
Agreed. One of the things I've had increasingly reinforced as I've gotten older and experience life more is that, "Not all new things are good, and not all good
by mkramlich 16y ago
Agreed. One of the things I've had increasingly reinforced as I've gotten older and experience life more is that, "Not all new things are good, and not all good things are new."
I don't necessarily need to go find "new" music in a world where Floyd's albums still exist. I don't necessarily need to go see some new movie that opens this weekend, if I'm in a world where I can just spin up Casablanca, or The Wizard of Oz, or the original Star Wars, etc. Much of the traditional big corporate publishing industries (movies, music, books, mainly) are all about churning out, promoting and profiting from new stuff. But people don't necessarily want new stuff. They want good stuff. And good old stuff (increasingly) lasts forever, and (increasingly) is increasing in total amount of back catalog to draw from. There's always more good old stuff than good new stuff, and the balance shifts increasingly to the old stuff each year. Companies like NetFlix and Apple and Amazon that make it easy to find and buy all that good old stuff, are going to having steadier profit streams, and arguably higher profit margins, than companies that try to do the big shovel-shit-but-promote-like-hell dance, because the latter business model is taking more risks and has higher operating/marginal costs.