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That’s because Hollywood makes movies, not videogames. You also spent a few hours driving but Hollywood hasn’t done anything about it because they are not in th
by blell 7mo ago
That’s because Hollywood makes movies, not videogames. You also spent a few hours driving but Hollywood hasn’t done anything about it because they are not in the business of making cars.
- alephnerd 7mo ago> That’s because Hollywood makes movies, not videogames Not true. Most media conglomerates own both video game and movie production. The big players like Disney, Sony, Comcast, Universal, etc all have ownership stakes in video game companies and most TMT funds invest in both as a same bucket.
- blell 7mo agoYes. Those conglomerates also do TV. But Hollywood makes movies, and not talk shows. Many of those conglomerates also have internet access businesses. But Hollywood doesn’t lay fibre.
- alephnerd 7mo ago"Hollywood" is a metonym/catch-all term for the media industry just like how "Silicon Valley" is for the tech industry and "Wall Street" is for finance.
- closewith 7mo agoSilicon Valley is a not a catch-all term for tech?
- dredmorbius 7mo agoMetonym & Toponym <https://en.wikipedia.org/wiki/Metonymy https://en.wikipedia.org/wiki/Metonymy> <https://en.wikipedia.org/wiki/Toponymy https://en.wikipedia.org/wiki/Toponymy>. "Silicon Valley": As more high-tech companies were established across San Jose and the Santa Clara Valley, and then north towards the Bay Area's two other major cities, San Francisco and Oakland, the term "Silicon Valley" came to have two definitions: a narrower geographic one, referring to Santa Clara County and southeastern San Mateo County, and a metonymical definition referring to high-tech businesses in the entire Bay Area.[citation needed] The name also became a global synonym for leading high-tech research and enterprises, and thus inspired similarly named locations, as well as research parks and technology centers with comparable structures all around the world. <https://en.wikipedia.org/wiki/Silicon_Valley https://en.wikipedia.org/wiki/Silicon_Valley>
- Jensson 7mo agoYou know there is a tech industry outside of the bay area?
- dredmorbius 7mo agoThe name also became a global synonym for leading high-tech research and enterprises... <https://news.ycombinator.com/item?id=47390344 https://news.ycombinator.com/item?id=47390344> (Emphasis added.)
- simonklitj 7mo agoWell, sure, but they’re both in the entertainment space.
- bilbo0s 7mo agoI think I have to agree with HN User Blell here. I mean, the NFL, at root, is in the business of entertainment also, and it makes more than Hollywood as well all in. But why would Hollywood care?
- justonceokay 7mo agoIt’s funny in tech it’s generally understood that that attention economy apps are in competition even though they ostensibly are not direct competitors. But when it comes to entertainment (the original attention economy) we don’t think of it in the same way.
- dredmorbius 7mo agoNFL and related sport are, at least putatively, unscripted. Which might be raised in relation to gaming as well, but I'd argue that gaming elements share much more in common with cinema, particularly in the contexts of world design, character development, backstory, and of course, CGI.
- jonas21 7mo agoThey are substitute goods. A common failure mode is not realizing this until it's too late.
- lanfeust6 7mo agoYes, and yet by the counts, Westerners watch more televised content than ever. If anything the substitute has been TV. Gaming is big, sure, but that doesn't appear to crowd out time reserved for watching media. I expect that the marathoner gamer who plays for hours daily is a comparatively smaller demographic.
- mycocola 7mo agoThey're entertainment, yes, but really not the same. I'll look for a specific game to play, I'll look for a specific movie to watch, and I won't play a game when I want to watch a movie.
- shiroiuma 7mo agoNo, they're not the same, but the amount of time people have for entertainment is generally fixed. In the old days, they spent it reading books or socializing or doing a hobby like playing music or painting. Then radios were invented and people spent some time doing that. Then movies were invented and people spent some of their time going to those. With each new type of entertainment, people spent less time per-capita on the previous forms of entertainment (generally; radio was probably a bit unique because it can be done simultaneously as other activities such as driving, but in the old days it was a family activity). Video games are doing the same thing. You can't watch a movie (easily) if you're playing a video game.
- ronnier 7mo agoBut when it’s time for entertainment, someone only has so much time in the day to watch a movie, play a game, watch sports, or scroll TikTok. They are all in competition with each other for that little slice of time each day