Now that it's harder to get the same meteoric growth, they are resorting to squeezing workers, RTO mandates and general hand flailing at the expense of employees.
Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
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Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#32The volume of content that has been made in the past few decades is enough to keep the entire world occupied for probably the next couple decades.
Human attention is a finite resource and it directly correates to and puts a ceiling on how much the money studios and creators can earn.
We've long past the ceiling and the gravy train has been coming to a stop.
Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#33I support the strikes and hope it comes to a good conclusion; but this feels a touch forced, honestly. I get that it is in vogue to blame silicon valley, but hollywood has a littered history of killing their goose, as it were. For fun, consider that if netflix had stuck to the DVD model, they could still be profitable. You don't need a special license to buy a dvd and rent it out to anyone. Just as you don't need a s…
Netflix used their magical tech money to compete with studios in a wildly unprofitable way. Netflix churns out hundreds of thousands of hours of content each year at heavy, heavy losses, because they can afford to burn money to force the studios to the table. If we imagine a world in which streaming platforms were only ever licensees and not producers, it’s easy to imagine the status quo could have continued indefini…
Netflix owning the content it’s producing means they can use it to help retain customers indefinitely. It’s a very difficult value proposition to accurately calculate because in say 2025 they could stop streaming and still have a revenue stream from licensing their content to other platforms.
Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#34I continue to wonder how much studios are ACTUALLY hurt by this strike. The studios have reserves of money, they still get money from streaming existing content. And short term they can still release content that are in post-prod enough to release. On the other hand, the public supports of the strike amounts to ... wanting new TV shows and movies. It's annoying for many I'm sure, but its not exactly something that ke…
The studios burned through lots of money for the streaming boom, and the investors want returns from their burned money right about now. At the other end, streaming services are stuffed with content. I have no proof, but I suspect viewers will learn than the back catalog is pretty good.
Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#35I support the strikes and hope it comes to a good conclusion; but this feels a touch forced, honestly. I get that it is in vogue to blame silicon valley, but hollywood has a littered history of killing their goose, as it were. For fun, consider that if netflix had stuck to the DVD model, they could still be profitable. You don't need a special license to buy a dvd and rent it out to anyone. Just as you don't need a s…
Let me put it in perspective for you: Hollywood the actors and writers are on strike because Hollywood, the money making machinery decided to replace them with a product from SV. I don’t care for Hollywood and indeed it has gotten quite garbage anyway but I do support the actors and writers striking because they can. For the rest of us it remains to be seen how we’re going to handle it or whether we boil slowly.. In…
Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#36Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#37Earlier quoted context omitted.
Let me put it in perspective for you: Hollywood the actors and writers are on strike because Hollywood, the money making machinery decided to replace them with a product from SV. I don’t care for Hollywood and indeed it has gotten quite garbage anyway but I do support the actors and writers striking because they can. For the rest of us it remains to be seen how we’re going to handle it or whether we boil slowly.. In…
The non unionized would have no recourse regardless. Except going outside the current game
The pending UPS strike is about improving the wages and benefits for non-union labor. Which in turn benefits the union labor because otherwise they're at risk of being replaced with cheap scabs someday.
Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#38Earlier quoted context omitted.
The studios burned through lots of money for the streaming boom, and the investors want returns from their burned money right about now. At the other end, streaming services are stuffed with content. I have no proof, but I suspect viewers will learn than the back catalog is pretty good.
They’re stuffed with content, but much of the content is of poor quality. The good stuff everyone has seen, and you can attract new viewers with a new show that is good.
Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#39Earlier quoted context omitted.
Netflix used their magical tech money to compete with studios in a wildly unprofitable way. Netflix churns out hundreds of thousands of hours of content each year at heavy, heavy losses, because they can afford to burn money to force the studios to the table. If we imagine a world in which streaming platforms were only ever licensees and not producers, it’s easy to imagine the status quo could have continued indefini…
> Netflix churns out hundreds of thousands of hours of content each year at heavy, heavy losses Netflix is quite profitable, so this is clearly not true in any meaningful way.
The worst thing for Netflix is, for none of their original shows they managed to pull off "outside" draw: merchandise/swag outside of hoodies and coffee mugs, books, spin-offs and most importantly fan fiction.
Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#40Earlier quoted context omitted.
Let me put it in perspective for you: Hollywood the actors and writers are on strike because Hollywood, the money making machinery decided to replace them with a product from SV. I don’t care for Hollywood and indeed it has gotten quite garbage anyway but I do support the actors and writers striking because they can. For the rest of us it remains to be seen how we’re going to handle it or whether we boil slowly.. In…
The non unionized would have no recourse regardless. Except going outside the current game
Depending on the power of the union in negotiations, others may benefit as well.