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Steven Soderbergh Says It’s Time to Tear the Streaming Model Down to the Studs

5 pointsby adrian_mrdalmost 2 years ago

1 comment

Iuliohalmost 2 years ago
The quote in the middle of the article<p>Most of your recent output has been for streaming. What do you see as the importance of the theatrical business?<p>I certainly think in cultural terms it&#x27;s necessary. It&#x27;s a good thing. It&#x27;s a good thing for people to go out and see movies together. I think it&#x27;s a collective good. For people to go out and experience art together in numbers, I think is a good thing. It also provides a potential windfall that doesn&#x27;t exist in the streaming world, which is you make a movie, and it blows up the way these two movies just blew up over the weekend. It&#x27;s great that Stranger Things blows up, and it means people are on Netflix instead of somewhere else, and it may result in some signups, but it doesn&#x27;t bring the kind of pure cash windfall that a movie that makes a billion-and-a-half-dollars does. And so that&#x27;s the problem. If you&#x27;re a streamer, you have a show that hit; once everybody has seen it, it&#x27;s just sitting there. It&#x27;s not throwing off any more revenue because you&#x27;re not selling it to anybody else anymore. That is a sort of mathematical chink in the streaming platform economic model. And the same goes for a hit TV show. The inability to really monetize your monster successes, I think is a problem.
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