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by Keyframe
3533 days ago
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To be honest, and I can't find sources now (trust me, ha!), average idea-to-release cycle around the world for anything moderate and above budget is 7 years. Not only those few months of production. That's plenty of time to prep and release a product. There's also other thing which other industries rarely have. Longevity. Movies generate money looooooong time after their release. They live on TV stations and cables, and somewhat on rentals as well. That's, IMO, primary reason why you see distribution not disrupted. It, kind of, works. And I mean no disruption in global distribution. It works, because TV/cable stations buy rights for certain amount of time and geographic distribution. Multiply that around the globe and you have a constant steady stream, for all practical purposes, forever. If that were to be disrupted, that flow would be gone into the unknown direction. And we can't have that, right? (says the $100mil investor) |
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Distribution is/was it's own mafia. Back around the turn of the century (how cool does that sound?) I was CTO of a startup in Holly-weird that, among other things, back then, aimed to be a combination of what today might be Youtube and Netflix mashed together in a strange way. The CEO had been CEO of one of the major film studios for over a decade before coming on-board the startup.
Side note: I was in awe of how easily he could raise money with what amounted to total bullshit.
We had many, many conversations over coffee about the industry and how it worked. I remember thinking that distribution was a particularly disgusting, dirty, mafia-like sounding affair. I don't know how it is now, back then this "mafia" had a lot to do with the difficulty in opening theaters up for digital distribution.
To this day I remember the surreal board meetings where I'd explain on the whiteboard that the financials for what they wanted to build simply did not make any sense (connectivity and streaming were outrageously expensive back then) and the need to pivot. Nobody listened. Total echo chamber effect due to the other high-flyers who were involved. They believed their own bullshit. Damn the numbers. Ultimately they burned through an obscene amount of money before they realized I was right.