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by liber8
2533 days ago
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"Hollywood" has never, ever taken more risks than they are taking today. Netflix alone spent $12 billion on new content in 2018. They expect to spend $15 billion in 2019, and expect this to hit almost $18 billion in 2020.[1] There is more new, original content being produced than anyone could ever expect to watch in one lifetime. Compare this to a few decades ago when you had 3 or 4 networks on TV each making a dozen or so shows each year, and a handful of studios producing movies (many of them remakes from the 30s, 40s, and 50s). Everyone seems to view "Hollywood" with rose colored glasses. The medium through which people consume entertainment certainly seems like it is starting to change, but that doesn't mean "Hollywood" is dead or dying. The exact opposite is happening. [1] https://variety.com/2019/digital/news/netflix-content-spendi... |
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