3 ms·
They mention about $50m coming in annually, I assume that's from film and tv rights. What does big tech have to do with that?
by bravoetch 2y ago
They mention about $50m coming in annually, I assume that's from film and tv rights. What does big tech have to do with that?
- echelon 2y agoThe mid market film has died thanks to Disney monopolizing the box office with their tent poles. (Though this is questionable hypothesis and more of a complaint about Marvelization.) The healthy revenue from long box office legs and DVD sales has died thanks to streaming. And the youth that would rather get their dopamine fix elsewhere. But the streaming wars have done incredible damage to this once thriving industry. Amazon and Apple have come in and subsided their own studios from unrelated business units. (Where is antitrust?) They're teaching consumers that the price of movies is free.
- lupusreal 2y agoTheater tickets are too expensive for most people to watch an unknown quantity on a whim. They prefer franchise movies because they roughly know what they're going to get for their money, and that's why Disney is still going strong while others fail. I don't think Disney is sucking the air out of the rest of the movie industry, I think ticket sales for anything novel would still suck just as hard if Disney wasn't in the movie business at all. It's not like people have a fixed amount of times they're going to pay to see a movie every year and Disney is hogging up that number. When people are feeling economic hurt, not seeing any movies in theaters at all is an option many will pick.