Marc Andreessen takes a closer look at what the writers strike may mean for the future of the entertainment industry:
“The writers’ strike, and the studios’ response to the strike, may radically accelerate a structural shift in the media industry — a shift of power from studios and conglomerates towards creators and talent… Scripted television production is already all but shut down. Most late-night talk shows are shut down. Most remarkably, many comedy and drama series are either already shut down or will be within the next several weeks.”
Marc looks at probable long-term consequences of an extended strike:
- Ongoing alienation of a new generation of TV viewers.
- Driving consumers even faster to the new range of activities they can engage in.
- Catalyzing faster development of new business models for entertainment media.