[vibrunazo]

I agree, this goes in line with what Francis Ford Coppola recently said [1]. People refuse to accept it because they cannot understand how it could be different.

Hollywood's model is broken because it has been dependent on scarcity of distribution. This couldn't be sustainable forever. Internet fixed the distribution so Hollywood is bleeding. Art is getting easier to access and to create thanks to technology. (this is where we, startups, come in)

IMHO, art will become a commodity. In a few decades, you won't pay so much to watch a movie that cost a few millions to produce. You'll pay almost nothing for a movie that cost almost nothing to produce. And it will have much higher quality than today's movies. Thanks to technology. Like you said, art will survive.

[1] http://the99percent.com/articles/6973/Francis-Ford-Coppola-O...

[sausagefeet]

Weren't 2009 and 2010 Hollywood's most profitable years?

[PakG1]

Meaning that Hollywood isn't bleeding because of the Internet, the Internet has no negative impact on Hollywood, or you going further, that the Internet actually helps Hollywood information get distributed even better? I'd say the latter. It's so much easier for me to find movie trailers, reviews, and learn about movies I didn't even know existed.

[masklinn]

Just that hollywood is full of shit when they claim the internet is killing creative industries. There isn't enough hard evidence for the rest.

[nekojima]

Using GAAP or HUAP? (Hollywood's Unacceptable Accounting Practices) :-/

[Natsu]

Hollywood Accounting is used to make them look incredibly unprofitable so that they do not have to share the profits, so I don't think they'd be very profitable according to that.

http://en.wikipedia.org/wiki/Hollywood_accounting