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by nemothekid
3976 days ago
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I've thought about this a lot - I work in mediatech and have also thought about PG's RFS when it was posted some years ago. Ultimately, I've come to the conclusion that thinking about Hollywood as "production & distribution" is naive - if that were really the case YouTube and Netflix would have long replaced Hollywood by now. And I don't think "CGI" realism will disrupt them either. What Hollywood has, to an overwhelming degree, and which is really hard to "automate" is talent. From writers, singers and to actors and directors, Hollywood is really effective at finding and growing talent and the rest of the world hasn't really figured out how to write great content other than "throw millions of dollars at it" (like Netflix with House of Cards). Simply put, you can have the best distribution channels or the cheapest platform but the top tier talent is expensive - but also has the best returns. And couple that with the fact that media production is very hit or miss (you can spend 150MM on a movie and have no one watch it, or make 1B), you are faced with something you can seemingly only "disrupt" by spending as much as everyone else. |
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