Skip to main content

They're Not Movies, They're Content

Shelly Palmer describes why Hollywood's major studios are really in decline -- hint, it's not the consumer's fault. Palmer is currently the Chairman of The Advanced Media Committee (and 1st Vice President of the New York Chapter) of the National Academy of Television Arts & Sciences (NATAS) the organization that bestows the coveted Emmy Awards.

"Now, the industry is run by bankers and risk managers who are trying to maximize their investments. They don't make many films that interest me. I like films that tell stories, have beginnings, middles and endings and that take me someplace or that make me think. Hollywood refers to them as "little films." Little films are being made by independent filmmakers and the pundits say that those are the films that this year's Academy voters responded to. Maybe. It is also possible that no major studio made a blockbuster film worth watching this year. Was there one? Not a sequel, not a remake, something new and wonderful that captured the imagination and broke new ground... nope. Not this year.

As we enter the age of ubiquitous broadband video distribution, we will have more and more opportunities to watch content that we are individually interested in. Personalized video experiences are the natural evolution of our current technology. We have enjoyed personal music for decades; portable and personal video is not next, it's now.

The film industry can do as many commercials as it wants for the "big screen" experience. Home theaters, Video iPods, IP Video, DVDs, video-on-demand and other programming choices must be incorporated into Hollywood's business models if they are to prosper during this technological transition. Will they be able to make a profit creating and distributing "little" films? Can a blockbuster truly prosper in a file-sharing world?

Was this just a bad year creatively and part of the normal cycle of hits and flops, or is this year truly the portent of a downward trend? These are questions that smart movie executives should be asking themselves. The answer is not old clips and admonitions about the diminished value of movies on alternative platforms. Thinking small and asking people to look backwards to a simpler time just shines a very bright klieg light on tired old hands grasping at the past. Hey, Hollywood, they're not movies -- they're content!"

Popular posts from this blog

The Billions Bet on Tentative AI Demand

Gartner's latest worldwide IT spending forecast exposes a trend every CIO has already felt in budget negotiations. Total spending will climb 14.2 percent in 2026, reaching $6.37 trillion. It seems that the IT infrastructure market is simply having a strong year. However, the more useful insight is how unevenly that growth is distributed. The Headline Number vs. The Real Story Data center systems and infrastructure as a service (IaaS) are absorbing capital at a pace several multiples faster than devices, communications services, and traditional IT services. This is not incremental growth spread across a healthy portfolio. It is a wholesale reallocation of enterprise technology budgets toward AI infrastructure, made on the expectation that demand for AI workloads will justify the outlay before that demand has been fully proven. Where the Money is Going Data center systems are forecast to grow 62.5 percent in 2026, that's up from 51.6 percent growth in 2025, reaching $822 billion....