Earlier quoted context omitted.
you're missing the point completely. any replacement has to succeed because it's better than hollywood. something even more awesome will come along and replace it. the argument is not "lets all share files until they go bankrupt"; it's "there is change afoot; whoever can make the awesomest, most loved art / entertainment of the next wave will win big". you're not a special flower. the stuff you like is mass market. y…
> any replacement has to succeed because it's better than hollywood. something even more awesome will come along and replace it Don’t forget, when it comes along, it will probably appear to be worse than hollywood, just as text messaging is worse than email and email is worse than an express envelope. That’s the nature of a disruption. It’s obviously worse. Until, after the fact, everyone suddenly claims it’s so much…
HBO got its start showing rewarmed mainstream Hollywood movies, months or more after their theatrical releasee. This though was enough to make them one of the few bright spots on the vast wasteland of Gilligan's Island and Bewitched reruns that was cable TV. For that, cable operators were able to extract a premium. From there, they branched out into various bits of original programming.
Then came original programming like Oz, Sopranos, the Wire. This was TV that people regarded as art, and as art, superior to anything on network television and hollywood movies.
Other examples to consider, early Miramax and Merchant/Ivory.