“Democrats need to embrace Hollywood because this is where they need to come to learn how to tell a story. – Michael Moore
Over a shockingly short period of time, Hollywood intentionally abandoned a one-hundred-year-old system for making, releasing and profiting from the theatrical distribution of motion pictures that had served it and its audiences very well.
This was a system that generated billions of dollars, created an army of jobs and ancillary businesses, exported American cultural soft power across the world and made a lot of people extremely wealthy… and it was abandoned, all for a technological pipe dream of captured audiences mindlessly pressing “renew” on their subscriptions with the glassy eyes of the permanently zombified.
Now that the chips of that capricious decision have begun to land where they may, it has become clear that the new streaming model is a failure in almost every way. An ocean of ink has been spilled analyzing why streaming is bad business, but I want to approach the problem from a different perspective.