The video discusses the impact of the peer-to-peer economy on media and the changes in film and TV production influenced by streaming services.

[83:13-83:59]

The speaker compares industries affected by peer-to-peer models, noting the significant changes brought about by platforms like Netflix.

is the studio system dead? Is independent media- And that's basically almost the same as podcasting, although they're getting funding from somewhere- Independent movies replacing the big studio productions in television and film. Well, Netflix changed everything. Netflix, Naptiflix. Yeah, You know they that changed everything because they're both a TV company and a feature company. And hey, the feature films play on their platform. that goes into everyone's home. they don't have to release anything theatrically, Right. And so the whole distribution system changed.

[84:00-84:38]

The speaker explains how production and distribution in TV and film have changed, emphasizing the decline in TV show sales and overall industry numbers.

So if I can make a feature film for a certain at a certain dollar point, well okay, I could probably make my deal with Napster and everyone will be OK. In TV, it's working a lot the same way. The idea was, if you could sell a successful TV show, you would be made for life. That is not the case anymore. All the numbers are way way, way way down. Yeah, because it's all smaller.

Join this channel to get access to perks:

https://www.youtube.com/channel/UClDVs8bo49lsKIZUqg2d1oA/join