this post was submitted on 28 Dec 2023
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I'm not implying that at all.
All I'm saying is that the industry made a certain amount of money per year based on cable and broadcast and it isn't going to moving forward. Because of this, I see the so called golden age of television ending because there is no one to pay for the development of new shows and movies, even if those costs were inflated by studios.
We can pirate what was already made, but I don't see the new stuff getting made for anywhere near the budget current shows were being made at.
See 10 years ago it was ALL in Netflix and everyone was happy. Studios got to get passive income and we only needed one service. Then the business bros got greedy and decided they needed more money and exclusivity while spending millions to stand up their own inferior services.
Netflix 10 years ago also got amazing deals because most studio executives didn't understand streaming and just saw it as some additional money on top of broadcast, DVD, and syndication. Those revenue streams are mostly gone.
That’s part of my point. They don’t have to lift a finger. Just let Netflix pay for the storage, the data centers, the bandwidth. Studios will get something out of it for doing literally nothing. But they got greedy and broke the model.
For their old stuff, sure.
But I'm thinking of new movies and TV shows. What kinds of movies can be made a decade from now?
That model may also be dead. Nobody really sees movies anymore, not like before, and nobody wants to wait 6 months for the season to end. That’s very much a 1950s - 2010 model. Not sure what will replace it, but some combination of games and informal content like YouTube/TikTok etc might be where we end up.
Yeah, and that is what I'm concerned about.
Is that good?
There will be something new and we’ll all become Gen Alpha’s boomers.
Being serious, however, who can predict? We’ll have to be patient and see what happens.
I'm not judging Gen Alpha, I'm judging the world we are creating for them to grow up in.
Yup. Netflix was icing on the cake that was cable. Now streaming is becoming the cake. The cost or revenue of the cake needs to be the same for the biz to run.
I’m referring specifically to older content. Is there really a reason that Star Trek the Next Generation shouldn’t be in Netflix, for example? Paramount isn’t enough of an offer so they may be losing out on a great deal of passive income.