I haven't read all 655 (current) comments so correct me if I've missed something. It seems like there are two threads: 1) "how do we reinvent the screen entertainment and distribution business" and 2) "how do we make something that currently exists more popular".
I read the RFS differently. Semantics aside, it seems like the point is to find something better to do with ourselves. It's not to streamline Hollywood, or redistribute the wealth in Hollywood. And it's not to figure out how to make current gaming technology or social networks more popular.
I think a key question to ask is, what did we do for fun 300 years ago? What did we do for fun 700 years ago? How about 5,000? If there was no Hollywood, what would we do for fun 20 years from now? Don't assume the internet or video games will play a part, even though they may. Don't box yourself into that corner yet. Don't assume it means replacing movies with more movies.
Here are just some examples from the sports world that take us out of our element and, for many fans, create mania: FIFA World Cup. The Tour de France. The Superbowl. The Indy 500. Formula One. The Kentucky Derby. Dakar Rally. Cricket World Cup. Wimbledon. French Open. The Masters Tournament. The PGA Championship.
And please don't look at it from the ticketing perspective. I know that sports ticketing is as much of a scam as Hollywood. The point is, how would you create something that excites that mania in people?
Don't limit yourself to something YC would fund, either. Perhaps the internet startup will be dead in 20 years. Think about it.
* Use semiconductor technology to create real-life quidditch.
* Invent hover shoes and create a sport around it.
* Invent the successor to the book (the entertainment/information wise, not medium wise)
* Invent the successor to the skateboard
* Be the next Tim Berners-Lee and invent whatever comes after the web
* Invent a way to make friends with every person on the planet
* Invent a near-instantaneous means of artistic self-expression that doesn't involve more than $50 up front cost and doesn't require a laptop, tablet, or smartphone
* Invent whatever comes after NASCAR
* "Kill (your pet peeve)"
* Invent a game that involves moving your money away from investment banks
* Invent a team sport that a person in any physical condition could excel at and potentially become a highly recruited, highly paid, international star.
* Invent a game that kills internet piracy AND Hollywood.
* Create a movie that creates a game that creates a movie.
* Write a bestselling novel that is optioned by Hollywood and that, by the very creation and production of the film, signals the end of Hollywood, such that Hollywood has no choice but to eat itself.
* Create a race of robots whose mission is to kill Hollywood.
* Convince everyone in Hollywood that they never wanted to be in the movie business: they've always wanted to be lumberjacks.
Or none of those. But just, let's get away from the meme of "Hey, now we're going to do Hollywood internet startup style."