Translation: Hollywood was underpaying producers relative to the value they generated. Netflix saw an opportunity and signed deals with producers more in line with the value they generated. Because of this competition, Hollywood is now paying producers more. Sounds like an unequivocal good thing for film and television. Talented producers get paid more. More money is being invested in films and shows. Obviously, film…
It's a great thing for the real creative leader types. I've wondered if this would happen in software. Of course we are amazingly well off by the standards of most fields. I still feel based on the value we give companies that there is room for compensation to greatly increase. In the movie and tv biz, I think everything is basically unionized for regular crew and actors, so they have basic decent pay. Is there any d…
I don't think the biggest problem is that software engineers are under-compensated. It's more like assets are overpriced, so we're not able to buy houses.