“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.”
(via the-isopodcalypse)
