That's true for the 1990s, but I still think this is different. The Netflix model is much higher paced, much larger amounts of capital, and far higher numbers o

That's true for the 1990s, but I still think this is different. The Netflix model is much higher paced, much larger amounts of capital, and far higher numbers of 'artists'. What we're seeing is the higher end Netflix bets being corporate garbage, the way boy bands were. But we're also seeing tons of low-end budget "Netflix movie" garbage that got made merely to fill the queues. That's something that major music labels never did in the 1990s at this scale. The side effect of that much money being thrown around a quanity > quality is that it also happens to filter down into lots of quality filmmakers. So the problem is no longer bets/money but how to surface quality. Because I personally think they will still benefit from sourcing quality in the long run once they mature their algorithms.