Motley Fool Money Hollywood Rivalries and Business Tips from the Oscars
Mar 26, 2022
Catie Peiper, a media studies Ph.D. from USC and researcher of Jack Warner's archives, joins the discussion on Hollywood rivalries and Oscar business insights. They delve into the ongoing clash between streaming giants and traditional studios, featuring Netflix's complex relationship with the Oscars. The conversation highlights Warner Brothers' struggles to match Disney's success, draws business lessons from romantic comedies like 'Notting Hill', and reflects on Disney's innovative use of its intellectual property and current strategies for maintaining subscriber loyalty.
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Gekko's Critique of Management
- Gordon Gekko, in Wall Street, argues that modern managers own little of their companies.
- He contrasts this with past industrialists who had more "skin in the game."
Academy vs. Streamers
- The Academy Awards initially resisted streaming services like Netflix.
- Filmmakers desired theatrical releases, creating tension with streaming business models.
Shifting Attitudes
- Attitudes toward streaming films shifted as voters recognized quality.
- Streaming services like Netflix now receive significant Oscar nominations.
