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It is also measurement bias in choosing what to pay attention too. The content of high budget films makes for a poor metric for creative output. High budget fi
by raymondh 4y ago
It is also measurement bias in choosing what to pay attention too. The content of high budget films makes for a poor metric for creative output.
High budget films inherently have huge financial risk, so it reasonable that the decision making is risk adverse. Meanwhile, the rest of the ecosystem is flourishing with creativity. We have an astonishing selection of works in indie films, HBO, and Netflix programming. As a consumer, I've never had more high quality options to choose from.
Hollywood of old used to crank out and an enormous number of films, almost none of which were big budget. This is the same as today where streaming services crank out an enormous number of creative entertainment options.
The oligopolies of recent years may find that their business models are challenged, but the industry as a whole hasn't lost an ounce of creativity.