3 ms·

I am skeptical about this take. I have lived abroad before and experienced the phenomenon of having the majority of pop culture come from the US. I don't thin

I am skeptical about this take. I have lived abroad before and experienced the phenomenon of having the majority of pop culture come from the US. I don't think the United States will support this model (ie majority of pop culture coming from other countries). My feeling is that, at best, the strike will give more exposure to the entertainment industry of more countries but this will in no way supplant Hollywood. As for Youtube, TikTok, etc, I believe these address a completely different need of the consumers. It takes Hollywood to create a Mission Impossible (or even Everything Everywhere All At Once). No one is going to create something like that and release it on social media (the economics don't work). Also, I (and I presume most other people) don't want to watch a 2 hour epic on my phone or laptop. The movie product includes the experience of going out, having a communal experience, etc. It is not just a solitary experience of seeing people act stuff on a screen.

solatic 3y ago
> The movie product includes the experience of going out, having a communal experience, etc. It is not just a solitary experience of seeing people act stuff on a screen. I actually agree with you, but as the price of movie tickets keeps going up, so does the cost of that communal experience. The price is starting to creep up against live concerts and live sports (for bleacher seats, OK, but still). > It takes Hollywood to create a Mission Impossible (or even Everything Everywhere All At Once). No one is going to create something like that and release it on social media (the economics don't work). The economics aren't working for movie theaters. The number of big-budget flicks that Hollywood can finance is decreasing over time as theater attendance declines and the films keep getting more expensive (at least due to inflation). The risks (costs) are increasing while the rewards (ticket sales) are decreasing. Something has to give.

solatic 3y ago

> The movie product includes the experience of going out, having a communal experience, etc. It is not just a solitary experience of seeing people act stuff on a screen. I actually agree with you, but as the price of movie tickets keeps going up, so does the cost of that communal experience. The price is starting to creep up against live concerts and live sports (for bleacher seats, OK, but still). > It takes Hollywood to create a Mission Impossible (or even Everything Everywhere All At Once). No one is going to create something like that and release it on social media (the economics don't work). The economics aren't working for movie theaters. The number of big-budget flicks that Hollywood can finance is decreasing over time as theater attendance declines and the films keep getting more expensive (at least due to inflation). The risks (costs) are increasing while the rewards (ticket sales) are decreasing. Something has to give.