How The Entertainment Industry Changed Its Focus

[frustratedpilot]

This NPR Interview is about how Hollywood's business model has morphed with the downfall of Box Office and physical home video product (tapes & DVDs).

As ps238principal noted earlier this week, Hollywood is making more Reboots and Sequels than ever, proving that even more important than a successful movie is to a studio is the brand that it generates.

Comments

[tochiro998]

And yet I wager nobody mentioned the main cause of the decline in DVD sales- stores closing

[frustratedpilot]

I'm sure that stuff is covered in Mr. Epstein's book (the impetus for the interview). But my feeling is that both the movie industry and the music industry had been overpricing their "physical media" products for decades and in so doing made retail of those products not particularly lucrative...if not a losing proposition.

[tochiro998]

Disagree. the key problem is old business models built around the core concept the media self destructs with use