4 ms·
Idk that economic “attack” is good phrasing but the bundling of video content combined with tools/platforms/monetization for user generated video content absolu
by elefanten 3y ago
Idk that economic “attack” is good phrasing but the bundling of video content combined with tools/platforms/monetization for user generated video content absolutely had a devastating effect on legacy video media. Maybe, in your words, the initial money-burning provided a lift, but now Hollywood writers are striking for more pay and Netflix is one of they key bogeymen.
- majormajor 3y agoAgreed - initially it was a windfall in the 2010s, now we're seeing a backlash because the cable residuals aren't there anymore and the streaming networks realized that lighting money on fire to out-compete each other was a zero-sum game.