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This article barely touches the surface.
The “studio distribution system” that got set up after the Paramount Decrees places the Studios between audiences and creatives. That is the disconnect, obviously. Creatives are desperately cut off from the revenues that paying audiences pour into entertainment.
We see pitch decks from creatives asking for millions for a feature film that should cost half and require a fraction of the ask. Pointless if distributors are the final decision-makers on whether or not any money results. Why can’t these same creatives put the same amount of energy into a business plan for a FAST channel that serves all of the indie films sitting unseen? That is what we would like to see much more of.
I like long. :)
Ok. Long, but I get it. As investors, our office is definitely looking for what comes next as Big Media looses the plot. Technology does level the playing field and we can’t wait for senior execs from Disney and Netflix to quit and set up something much better.