RE: Hollywood Feeling More Pain
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What do you watch during the day that doesnt have Hollywood actors in it? Are there Youtube videos that is different.
For example, what about animation films. Have you seen the first iteration of what is taking place with AI? Why is that only now relegated to the Hollywood studios? There are companies popping up all over the place that are starting to make them. That will pull even more revenues.
There was a time when newspapers dominated the print media. Now, where are they? How often do you get news from elsewhere? I would say most of the time.
The same disruption process exists, it just took longer for video. It is a more difficult medium.
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I think Hollywood will lose a lot of its market such as the animation films, but will maintain actual humanlike movies.
Why do you think they will maintain that? Arent we seeing films arising from other areas?
And how are these studios going to survive? Did you see the write down that Warner Bros took? $11B.
Yes, I just read it and it was associated to the loss of NBA streaming rights to amazon and advertising as a whole, in my opinion I believe Hollywood will be valued for the following reasons after losing a huge market capitalization;
I really do hope you get my point.
I get it but I disagree. My view is you do not grasp technological trends. The write down was because their media properties are becoming worthless. Right now it is centered in television. If TV networks can go that way, why think production of films will now follow a similar pattern.
And you do realize the future of video is not one to many (meaning one video for many). Much of it will be one to one.
Honestly this concept your sharing is new to me, I will look more into it, to fully understand.