[ebrenes]

To add to what jasonwatkinspdx has said already, it seems to me that this follows the typical pattern of disruption. First you'll see the bottom markets being let go by the big studios and you'll start seeing other independent bodies picking up those lower markets. Until finally the big studios only make up the top segments, if anything the polarization seems to indicate just this type of shift.

I think you're also seeing some breakthrough into the middle areas where players such as HBO are able to compete with big block buster movies in terms of mind share. Series like Game of Thrones for example opted to be produced in the "lower echelons" instead of being fit into block buster movies. In a way it seems obvious, the material fits better in a series format, etc... but the fact that it is possible should make it clear that 50-60 million budget can compete and in some cases excel that which is produced by a multiple hundred million dollar blockbuster.

That to me is a significant change, hopefully one of many to come.