alt Hacker News> The streaming era has proven an extremely difficult transition, with traditional films and TV shows losing watch time to user-generated and increasingly AI-assisted or AI-generated content flows.
Isn’t this the wrong conclusion.
It’s that streaming as the monetization vehicle no longer creates an opportunity for movie maker to make huge returns.
Once, a blockbuster movie could make $1 billions.
Today, the movie maker only gets a sliver of the $12/mo subscription fee.
I think you’re both talking about the same issue though. They’re saying traditional film and tv is in competition with free media, UGC and whatnot. You said the same thing but using numbers.
The consumer behavior, or opportunity as you put it, that supported those billion dollar blockbusters has changed largely due to competing media. Film and TV are not the only show in town anymore.