End of the World As Hollywood Knows It
“To: Charlize Theron, Hugh Jackman, Seth Rogen, Tina Fey, Steven Spielberg, Michael Mann, every actor, actress, screenwriter, costumer, best boy, cameraman, set designer, makeup artist, and agent—plus anyone else who makes their living in the film industry.
From: Greg Sandoval, CNET media reporter and film fan.
Re: Your livelihoodCut your spending. Save your money. Many of the revenue streams that have gushed into your industry for decades, some for nearly a century, are about to dry up. This will likely mean a period of belt tightening like you’ve never seen before.
The end is coming for DVDs, traditional movie rentals, and yes, much of your cable money will likely disappear.” (via CNET)
Opportunity knocks
Mike and I were just talking about this on the fire escape yesterday. It is a brave new world for film out there, but don’t worry, we still have talent, we still have passion, we still have creativity, we can get money.
An alternative film financing and distribution system will emerge in the coming years. Have no doubt. Do not worry. Embrace the change and you will be fine.
