2 ms·
I don't believe there is a stable solution. I think what we are witnessing is an industry hitting a wall it can't overcome. I do firmly believe that Hollywood i
by friend_and_foe 3y ago
I don't believe there is a stable solution. I think what we are witnessing is an industry hitting a wall it can't overcome. I do firmly believe that Hollywood is dying. Their structure just can't work in the world we live in.
Look at music streaming. Music was a crusty old industry rife with nepotism and abuse of artists, where some big companies scooped up all the profit. It was heavily disrupted, but the artists and their agents were free to list their music on any service, no exclusivity required, the services were just conduits that took a small cut. Now, that's mostly the world we live in.
The problem with video is that a single artist with a computer can't usually make a complete season of a TV show or a marvel movie. It cannot be disrupted in the same way because content cannot be produced unless big players are involved, its just too cumbersome and expensive.
But you already see that it's moving to the music model anyway, more people spend time watching tiktok, Instagram and YouTube than they spend watching TV shows and movies. And, with compute becoming cheaper and AI generated this and that, soon it will be possible for a single artist with a good computer to make good content. The key thing here is that video content will move the way music content did, except the incumbent content producers will not make it to the other side, whereas with music they can.