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I very much disagree that what Hollywood thinks is killing them now, is not killing them. It is! There are two parts to Hollywood: 1. Being the distributor.
by asdkl234890 15y ago
I very much disagree that what Hollywood thinks is killing them now, is not killing them.
It is!
There are two parts to Hollywood:
1. Being the distributor.
2. Being a source of funding.
That's it!
The internet has been disintermediating (fancy economic term for killing middle-men) industries since it began.
Piracy often offers not just a lower price but a far better product. How many stories do we all know of people willing to pay who can't because of how shitty the distribution of Hollywood is? People frustrated by all their legal options to the point of seeking out pirated content despite their ability and willingness to pay. I am one of those people!
Better distribution is one half of killing Hollywood.
The other part is financing. Big Hollywood studios are in the well known business of managing high risk investments. You spend a lot of money on developing movies, shows, etc, on most you lose money, on some you make a bit, on a few you make all the profit you need to keep going.
Who has the same business model? VCs! Also video game publishers.
So all you need to kill Hollywood is a tone of cash to fund talent, attract better talent by giving them a better deal and then distribute it better.
But here is the catch, a company like that would exist with much lower profit margins than a traditional Hollywood company. It has to! Because that's what killing the middle man is. You take his share of the profit and drop it. Prices of the end product drop, end consumers have more money, the middle man is out of luck.
And that is why you can't hasten the end of Hollywood. It's going to be ugly and painful and they know it. That's why they are lobbying like they are going out of business, because they are.
The only thing you can do is limit the damage. We should aim for an equal and opposing lobbying arm. If we libertarian minded, super individualistic, detail obsessed, disagreement loving, intellectual bunch of geeks can make that happen, I highly doubt. But I don't see any other way out.