The business model of streaming media has chopped off the long tail of content monetization.
Why it matters:
The future of media and entertainment is tied, inextricably, to streaming — posing existential questions to creators and tightening the bind of costs to artistic decisions.Making money from entertaining people through a screen has become increasingly difficult with the explosion of streaming services.
The number of viewing options offered through streamers dilutes quality and flattens the audience experience — making it nearly impossible for consumers to distinguish one platform from another, and"We have so much choice that nothing actually sticks or matters," Janice Min, the CEO of Ankler Media, tells Axios.
"Hollywood's calling card has always been that it makes the highest quality content in the world ... And when you start to populate a fire hose, you lose some of that," says Min.The latest:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Star Trek: Strange New Worlds Season 1 Adds a 4K UHD Blu-ray SteelBook OptionBack in December, CBS Home Entertainment and Paramount Home Entertainment announced that the first [...]
Read more »
US ski team debuts new suits to bring attention to climate changeThe U.S. ski team came to the world championships in France with another thing on their minds -- climate change. The skiers rocked new suits to raise awareness.
Read more »
Prada, Vuitton and Schiaparelli Won the Attention Sweepstakes at January Fashion WeeksKylie Jenner and Doja Cat generated the lion’s share of the media impact value (MIV) for Schiaparelli, and helped it quadruple its MIV since last season to $44.5 million, according to the tallies of January fashion weeks by Launchmetrics.
Read more »
Jim Cramer explains why market bears should pay attention to economic commentary from companiesCramer explained why market bears should listen to commentary from companies rather than Fed officials.
Read more »
Attention Coloradans, You Can Now Buy A Genesis EV | CarscoopsThe Genesis GV60 and Electrified G80 perfectly combine electric power with luxury
Read more »