""Think of the two major possibilities here: Either the #studios owe untold millions to their talents and paying it out will decimate their stock #prices, or they owe so little because there really is no #money in #streaming and the bubble of their entire 21st century #business model will burst in spectacular fashion. And make no mistake: this is a bubble. This is the #inevitable climax of a #stockholder-driven hunger for infinite growth, despite the fact that, by design, such a thing cannot and should not exist. The #infection of Wall Street has overwhelmed the entertainment #industry beyond repair, leading to #cultural #vandals like David Zaslav to be appointed with the callous duty of strip-mining decades’ of #artistic beauty for pennies of #tax write-offs. The #past and #future are frivolous in comparison to the short-term demands that the line keep going up."
#studios #prices #money #streaming #business #inevitable #stockholder #infection #industry #cultural #vandals #artistic #tax #past #future