The Hollywood strike is setting talent against studios, but the problem is that both are jointly threatened by the reality of the Internet and zero distribution costs.
the last time actors and writers were on strike at the same time; the primary driver of that unrest was the rise of television. As for the last actors strike, in 1980? That was about the rise of home video. This leads to the first takeaway: the most important driver of unrest between studios and talent has always been technological paradigm shifts, and this time is no different.
In this case it is the rise of streaming that strikes me as more consequential than AI, but to first dispatch with the latter, it seems to me that writers are much more threatened by AI; it’s much more plausible today to imagine using an LLM...
Show MoreThis article is a news-worthy piece discussing the current Hollywood strike, caused by a dispute between actors and writers and the studios. The impact of the Internet on how media is distributed is believed to be at the heart of this conflict, as it has reduced distribution costs to zero. This article references a previous strike between actors and writers which happened some time ago. The main message of this Article is that Hollywood studios are jointly facing a large threat due to changes in online media distribution, causing tensions between them and talent that have stepped up with a strike in the hopes of finding an equitable resolution for both parties. In summary, this Article discusses the ongoing Hollywood talent strike; caused by issues related to online media distribution reducing costs drastically for production companies. The author suggests that while both sides are at risk due to these changes, they need to find an equitable solution for both parties if they wish to survive long-term in such an environment.
Keywords: Online Media Distribution,Equitable Resolution,Hollywood Strike,Talent Strike,Internet
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