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by onelastjob 1807 days ago
What happened around 2006 is streaming. This caused DVD sales to tank, which had a massive effect on the film industry’s bottom line. DVD sales were a money printer and that cash allowed studios to take more risk. Once DVD sales started tanking the indie film divisions of major studios (like Fox Searchlight) started to die, which is a big reason that films became less interesting. Also, the shift to making money mostly off the box office rather than DVDs meant that a movie needed to make more money in its opening weekend, which meant needing to make tent pole movies that appealed to all ages and international markets. Imagine how hard it is to write a movie for all ages in all countries.
2 comments

DVD sales fell off a clif in 2006-2010.

But streaming did not get any significant market share before ~2014.

DVD was replaced by "non-consumption". My guess is that blue-ray should have been the replacement, but they were priced too high, so consumers dropped buying movies for a while.

https://www.cnbc.com/2019/11/08/the-death-of-the-dvd-why-sal...

Social media networks and smart phones came around at that time, and in conjunction with increasing popularity of video games probably destroyed a lot of demand for video content.

There was simply a lot more choice for how one can spend time, and a ton of it at a higher cost to enjoyment ratio than movie tickets or DVD or Blu Ray.

Oops, I meant to write “a ton of it at a lower cost to enjoyment ratio”.
> What happened around 2006 is streaming.

I think you mean large-scale, mass acceptance of piracy. Streaming took a while longer to take off in big numbers.