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I just left this comment over on Fred Wilson's blog (http://disq.us/536i4t http://disq.us/536i4t). I hope that the message I'm attempting to convey is meaningfu
by odnamra 15y ago
I just left this comment over on Fred Wilson's blog (http://disq.us/536i4t http://disq.us/536i4t). I hope that the message I'm attempting to convey is meaningful to the "Kill Hollywood" crowd on HN as well...
There are a lot of comments on this post, but I'm going to attempt to chime in from the EVIL Hollywood perspective.
First, let me make it known that I am 100% anti-SOPA/PIPA (I called my representatives six times), but the armchair punditry and belligerent "Kill Hollywood" explosion I've witnessed over the last few days has infuriated me to no end. When I left Paramount to do a software startup, at least I knew what the hell I was taking about.
Regarding Nat Torkington's rant: It's true that the tech industry "gave" us many things, HOWEVER, MP3's are meaningless without audio content, MP4 is meaningless without video content, Netflix is meaningless without movie content, iTunes is meaningless without music content... you get the point. In fact, between bittorrent and Netflix, it appears that half of the Internet (if not more) is used to share CONTENT. So yes, thank you for the pipes, but for the love of all that's holy, try and keep in mind what people are ACTUALLY paying for here! Hint: it's not 3G, wifi, iPads, or iPhones, those are merely the vessels to what is actually valuable to the user: the content! What do you think is the driving force behind the evolution of technology? Sheesh! I'm asking that all of you engineers take a breather and try to gain some damn perspective.
Yes, the film industry's organizational structure appears to be outdated. Yes, the theatrical distribution model seems counterintuitive. Yes, yes, yes! But... Record revenues (or close to it) continue year after year. Revenue from theaters still represents $30 billion of the ~$90 billion dollars the industry rakes in each year. Growth in China is almost 40% annually. The film industry isn't exactly in a hurry to abandon the scarcity model.
Bottom line, there are a lot of elements at play here. Please, please, please get some perspective before you go off extolling the virtues of your newest "platform." There are ways to disrupt Hollywood, both in a Schumpeterian way, and in a collaborative way, but I have yet to see anything that truly encapsulates the content industry's needs in a meaningful way.
Thanks for listening to my rant!
P.S.Crowd funding is to killing Hollywood, as Kickstarter is to killing Apple.