Again... my entire argument is that industries, like the film industry, are like an arms race, and are natural monopolies. > The overwhelming majority of indie

Again... my entire argument is that industries, like the film industry, are like an arms race, and are natural monopolies. > The overwhelming majority of indie films are unprofitable. We should expect this in this type of industry! My point is only that if the big studios were to go away, the film industry would still survive and reconstitute itself very quickly. The only reason why it's so difficult to make a profitable movie, is that there is limited, very expensive, access to getting a film in front of people. There are still large audience who seek out film, but the number of films they can consume is limited... this leads to a virtually unwinnable arms race to get people's attention. Studios need to spend "$35.9 million on average" on marketing alone, which is an obvious nod to the fact that the industry is a natural monopoly: https://entertainment.howstuffworks.com/movie-cost1.htm https://entertainment.howstuffworks.com/movie-cost1.htm