Mike Hudack is a tumblelog.

End of the World As Hollywood Knows It

rafer:

mikehudack:

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.

Rafer sez:
@mikehudack Your comment implies that you don’t think there will be revenue compression, i.e. that a dollar in the old system will be replaced by a dollar in the new system. You don’t actually believe that do you?

There will definitely be revenue compression. There will also be fewer value choke-points that lead to the emergence of middlemen. I believe that the net result will be positive for filmmakers as a class.