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I think Hollywood's (and also the Music industry) problem is that the talent and artists are commoditized, instead of the financiers. Compared to the tech start
by chrischen 15y ago
I think Hollywood's (and also the Music industry) problem is that the talent and artists are commoditized, instead of the financiers. Compared to the tech startup industry, there are only a few major studios that finance most of the films people watch. This concentrates too much power in too few entities and that's ultimately what has created this Hollywood problem. I don't think movies and tv shows are going away anytime as a form of entertainment.
Killing Hollywood is going to require some way to reverse balance of power and commoditize the financiers just like in the tech industry. Then tv shows, movie franchises will more resemble startup companies and hopefully become more forward thinking as well.