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It's always nice to have someone with an insider perspective around here, so thanks for taking the time to post. I think one thing that gets lost in a lot of th
by JunkDNA 15y ago
It's always nice to have someone with an insider perspective around here, so thanks for taking the time to post. I think one thing that gets lost in a lot of these discussions is that there is no law of nature that says movie production will always be insanely profitable. Every reader of this site has grown up in a world where Hollywood actors and actresses (as well as directors and producers) have made exceptionally good money doing what they do (obviously not a majority of them; I realize that). However, there has been a lot of money sloshing around that system for our entire lives which has led to where we are today, with various middlemen lined up to take a cut. The thing is, while people want to be entertained, they don't necessarily have to spend their money (or attention) on products like movies and TV. For me personally, I find it increasingly difficult to find enjoyment in products from Hollywood. Instead of watching a movie tonight I'm noodling around on Facebook and HN. Both of them are delivering entertainment to me much more cheaply (both from their perspective and mine) and efficiently than Hollywood. This is a real threat to Hollywood in my opinion. The video game industry is getting schooled on this now. A whole generation is growing up buying video games in the App Store for close to the price it used to cost for one turn at an arcade when I was a teenager. That is hugely disruptive to established players. But again, there is no law that says video games must cost $50. The established companies have to adapt or someone else is going to swoop in from underneath and eat their lunch.