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It's the decline of DVD sales. Big budget Hollywood films are designed to appeal to the lowest common denominator. Why did the mid-budget sector (the one that
by kelseyfrog 3y ago
It's the decline of DVD sales.
Big budget Hollywood films are designed to appeal to the lowest common denominator. Why did the mid-budget sector (the one that can take risks with creativity) drop out leaving us with either indie films or big budget films? According to Matt Damon[1], it's the obsolescence of the DVD market that changed the calculus of mid-budget films.
When a structural change affects the economics of content, it's difficult to localize the problem and envision a remedy. Unfortunately, these economic systemic problems tend to shut down our capabilities to affect change rather than enhance them. In some ways it's more convenient to envision the problem as being a problem of movie studio executives and their choices, than a media economy problem with a change in financial relations.
1. Matt Damon | Hot Ones https://youtu.be/yaXma6K9mzo?t=841 https://youtu.be/yaXma6K9mzo?t=841