Hollywood on Strike1 min read

Hollywood sign, cracks due to streaming services and AI, anime – Bing Generative AI

“Hollywood on Strike” is an analysis piece on the conflict between Hollywood labor unions and streaming service providers. The author, Ben Thompson, argues that this conflict is based on the upheaval of the traditional Hollywood business model brought about by streaming services like Netflix. Thompson notes that streaming services compensate creators differently from traditional broadcasters, a system that not everyone in the film industry sees as fair or beneficial. Thompson also suggests that because of the fragmented nature of streaming, shows have shorter runs and less syndication potential, depriving creators of a key revenue stream. This creates tension between creative talent and digital platforms. Thompson predicts that this situation may lead to a Hollywood strike, a move that could shift the balance of power in the industry.”

Full article here–> https://stratechery.com/2023/hollywood-on-strike/

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