Burden (2017) Theater Movie
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Why Hollywood as We Know It Is Already Over. I. The Raindrop Moment. A few months ago, the vision of Hollywood’s economic future came into.
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I was standing on the set of a. Burbank, just north of Los Angeles. TV business. appeared to have become. Before us, after all, stood some 2. When I. commented to the screenwriter that such a scene might give a Silicon.
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Valley venture capitalist a stroke on account of the apparent unused. After an. early take, the director yelled “Cut,” and this screenwriter, as is. As they stood there chatting, the screenwriter noticed. Politely. as they spoke, he brushed it off. Then, seemingly out of nowhere, an.
But he had also worked in Hollywood long. And as with the other couple of hundred people on.
This raindrop moment, and the countless similar incidents that I’ve. I’ve met in the industry. But it reinforces. Fringe. or watch a former ing. People who were my age (I wasn’t. It turned out that this.
It explains why. the music industry is roughly half the size it was one decade ago. These preferences weren’t confined to music, either. I also felt the. raindrop moment firsthand when I began working at The New York Times, in. Back then, the newspaper’s Web site was treated like a.
West 4. 3rd Street. Up- and- coming blogs—Gizmodo.
Instapundit, and Daily Kos, which were setting the stage for bigger and. Business Insider and Buzz. Feed—were. simultaneously springing up across the country. Yet they were largely. Times as well as by editors and publishers at other news.
More often than not, tech- related advances—including. Word. Press and. Tumblr—were laughed at as drivel by the entire industry, just as. Napster had been years earlier. Of course, the same logic that had decimated music would undermine print. And, in so. many cases, they really didn’t care all that much whose byline was at. Subsequently, newspaper advertising revenues fell. Meanwhile, the same.
Many consumers didn’t. An algorithm generally provided better suggestions than an. And consumers never had to leave home to get the. Amazon, knowing this, eviscerated the business. While. print sales have finally leveled out (largely through a reliance on.
IN MY MIND, HOLLYWOOD IS DYING,” MIKE MORITZ TOLD ME. Hollywood, these days, seems remarkably poised for a similar disruption.
Yet when I ask people in Hollywood if. Film. executives are smart and nimble, but many also assert that what they do. And the numbers reinforce the logic.
Movie- theater. attendance is down to a 1. Amazon’s, Facebook’s, or Apple’s. Dream. Works Animation was sold to Comcast for a relatively meager $3. Paramount was recently. Sumner Redstone acquired it, more than 2. Barry Diller. Between 2.
Twentieth Century Fox, Warner Bros., Paramount. Pictures, Universal Pictures, and Disney—fell by 4. Studios. now account for less than 1. Some 7. 0 percent of box office comes from abroad. Mandarin. Chinese firms, including Dalian.
Wanda, are rabidly acquiring companies such as Legendary Entertainment. AMC, and Carmike Cinemas, a smaller theater chain, with an apparent goal.
Hollywood does what it does so China can do it better. Fortune called it “a summer of big flops.” MGM’s. Ben- Hur, which was produced by Mark Burnett, cost $1. But the real threat isn’t China. It’s Silicon Valley.
Hollywood, in its. HBO and Showtime, and, increasingly, digital- native platforms such as.
Netflix and Amazon. These companies also have access to analytics tools. Hollywood could never fathom, and an allergy to its inefficiency. Here Comes Facebook. Part of the problem, it seems, is that Hollywood still views its. In reality, though, Silicon Valley.
It’s just that Hollywood hasn’t quite figured it out. When Netflix started creating its own content, in 2.
The scariest part for entertainment executives wasn’t simply. Netflix was shooting and bankrolling TV and film projects. Or a show that comes available in a. The real threat was that Netflix was doing it. Soon after House of Cards’ remarkable. David Carr presciently noted in the Times, “The spooky.
Executives at the company knew it would be a hit before. Netflix is. competing not so much with the established Hollywood infrastructure as. Facebook, Apple, Google (the parent company of. You. Tube), and others. There was a time not long ago when technology. Apple made. computers; Google engineered search; Microsoft focused on office.
It was all genial enough that the C. E. O. Four years after the debut. House of Cards, Netflix, which earned an astounding 5. Emmy. nominations in 2. Apple, Facebook, Twitter, and Snapchat are all. Microsoft owns one of. Xbox, a gaming. platform that is also a hub for TV, film, and social media.
As The. Hollywood Reporter noted this year, traditional TV executives are. Netflix and its ilk will continue to pour money into.
In July, at a meeting of the Television. Critics Association in Beverly Hills, FX Networks’ president, John.
Landgraf, said, “I think it would be bad for storytellers in general if. It would be wrong, however, to view this trend as an apocalypse. This is. only the beginning of the disruption. So far, Netflix has merely managed to get DVDs to people more quickly. The laborious and inefficient way shows.
That set I. visited in Los Angeles with its 2. The Villainess (2017) Download Ipod. NBC or FX. show; it was actually a production for a streaming service.
The same. waste and bloated budgets exist across the entire industry. To put the. atrophy into perspective, a single episode of a typically modest. By. comparison, a typical start- up in Silicon Valley will raise that much to. But all those TV workers feel as if they are in safe harbor, given that.
P. G. A., D. G. A., W. G. A., SAG- AFTRA, M. P. E. G., and I. C. G., to name. just a few.
These unions, however, are actually unlikely to pose a. Newspaper guilds have been steadily. They may have prevented people from. Moreover, start- ups see entrenched government.
Uber and Lyft have largely dominated unions and. Unions did not impede. Airbnb from growing across American cities. And that’s just to cite the most.
In the 1. 95. 0s, the movies were the third- largest retail. U. S., surpassed only by grocery stores and car. Look what Silicon Valley has already done to the other two. At the heart of the disruption is the most profound element of.
Hollywood: the theater. Just as customers now generally eschew albums. Spotify), and hardcovers for. Instead the. movies will come to us. If the industry continues the process of. For Facebook, it’s the. The company, which has a staggering 1.
Perhaps the. best way to continue to entice Wall Street investors to buoy the. Facebook is currently the world’s seventh- largest company by. What better way to do that than a two- hour film? This might begin with Facebook’s V.
R. You slip on a pair of. Oculus Rift glasses and sit in a virtual movie theater with your. Facebook could even. When I asked an executive at the company why it has not happened. I was told, “Eventually it will.”III. Aaron Sorkin. The speed with which technologies can change an industry today is truly.
Uber, which is eight years old, is worth more than 8. Fortune 5. 00 list. When Silicon Valley. Hollywood executives may invoke their unique skills, but engineers are.
We generally assume that. But the reality is that the creative class. At. present, this application anticipates events that will move markets, or. But there are other applications for these kinds of technologies, too. In such a scenario, it’s unlikely that an.
Social Network, but the end. The form of. automation would certainly have a massive impact on editors, who. TV show. What if A. I. Many agents. whom I’ve spoken with already seem to know this and have moved their.
Hollywood to include, among others, clients from. There is a reason we see so many once promising. Jessica Alba to Kate Hudson to Jessica Biel to the Mowry. The future augurs less of a need for actors.
Donald Trump’s puerile objections, the Meryl Streeps. Kim Libreri, who spent years in the film industry working on special. The Matrix and Star Wars, predicts that by. In some respects, that is already on the verge of.
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