The old cast members of Monty Python spend a lot of time complaining about money. The problem is that in a world where Netflix, Disney and their various competitors spend over $100 billion a year making disposable content for subscription services and the occasional dying movie theater, old comedy skits that double as cultural touchstones are practically worthless.
Except as fodder for YouTube upload clips generating a cent for every 1,000 impressions.
The new entertainment is a woke culture factory in which original ideas are worthless except as grist for intellectual property franchises. Some original ideas, like Superman or Batman, are worth a lot as franchises even while the original works are only of interest to collectors.
The internet made every original work duplicatable and disposable. The new merger of Hollywood and dot coms represented by Netflix and other streaming services was based on video content having a very brief half-life to drive subscriptions to gated content libraries.
Churn was the only function of content. Netflix casually cancels successful shows once they achieve their purpose of generating enough new subscriptions because the new metric of success isn’t viewership, it’s subscriptions and subscriptions driven by ‘newness’. […]
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