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Talk Easy with Sam Fragoso
The State of Hollywood with Matt Belloni (‘The Town’)
Sep 17, 2023
Matt Belloni, Hollywood observer and writer, discusses the WGA and SAG-AFTRA strikes, the Netflix business model, and the state of streaming today. He also shares his path from entertainment law to journalism and offers predictions for the end of the strikes. The podcast explores the impact of streaming services on the film industry and the challenges faced by filmmakers in a digital world. It delves into the effect of strikes on the entertainment industry, the frustrations within the industry, and the demands of actors and writers in Hollywood. The chapter also examines the contrasting goals of mainstream entertainment journalism outlets and provides insights into the complexities of Hollywood negotiations.
01:12:06
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Quick takeaways
- The streaming industry is shifting focus from scale and availability to profitability and finding an exit ramp.
- The ongoing writer's strike is centered around demands for artificial intelligence, writers' room staffing, and data transparency.
Deep dives
The state of streaming and the challenge of monetization
The conversation highlights how the streaming industry has faced challenges in monetization as the cost of these products rise despite generations being accustomed to getting content for free. The discussion points out that while the industry initially pursued scale and availability, the focus has shifted to profitability and finding an exit ramp. It also examines the advantages that Netflix gained as a first mover and how the studios' decision to license content to Netflix contributed to its success. The conversation anticipates a potential future consolidation of streaming services and the possibility of a bundled offering. It emphasizes the importance of creating a healthy economic ecosystem that supports creative talent and provides value to consumers.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode