Perceived Threat of YouTube to Hollywood

YouTube and social media have long been perceived as a threat by Hollywood and the film industry. While initially seen as a novelty, the rise of platforms like YouTube was considered a threat to traditional media companies, leading to the creation of alternatives like Hulu. However, there was a misconception that the audience and content on YouTube were of low quality, leading to misguided attempts like Quibi to offer 'high-quality' short-form content. The reality is that YouTube offers content that is highly valued by its audience, challenging the traditional Hollywood perception of quality.