Ooh, waves of change! Ride ’em, baby! Cowabunga! A certain legendary agent/studio dude (and owner of the L.A. Dodgers and the Golden State Warriors) has a few things to say about the state of entertainment right now, today:
by Peter Guber
Once upon a time, Hollywood lived by the golden rule – he who had the gold, made the rule. Studios, networks and other gatekeepers enjoyed the keys to the kingdom for a long time and earned enormous economic success. But a funny thing happened on the way to eternal domination – the digitization and subsequent democratization of content creation and distribution which forever changed and continues to change who is holding those keys to success.
This is the current state of the filmed entertainment industry.