The writing is definitely on the wall for legacy media. I expect YouTube to eat TV's lunch (and Netflix's lunch) in the next 5 years. Studio quality lights, cameras, and mics just keep getting cheaper, and soon AI will make special effects cheaper, too, for every average person who wants to make something. And YouTube has the bandwidth and reach to distribute it all for free.
Do you read Doug Shapiro's Substack The Mediator? He makes a great point:
"Hollywood produced about 15,000 hours of new TV and film last year, compared to close to 300 million hours uploaded to YouTube. That means that if only 0.01% of YouTube content is considered competitive with Hollywood content... it would yield 30,000 hours of competitive content, 2x Hollywood’s annual output."
ok i will! For real I will! It's going to be a short film but im super confident about the story...and I don't know how long it's going to take to make everything happen but I'm going to make it happen. I just got into life insurance sales in Arizona and I am on track to be able to make enough money to shoot this and do everything myself including pay the actors and crew. The company I work with you get residuals off your sales forever so I'm going to bust my ass so I can maybe start my own production company!
The writing is definitely on the wall for legacy media. I expect YouTube to eat TV's lunch (and Netflix's lunch) in the next 5 years. Studio quality lights, cameras, and mics just keep getting cheaper, and soon AI will make special effects cheaper, too, for every average person who wants to make something. And YouTube has the bandwidth and reach to distribute it all for free.
Do you read Doug Shapiro's Substack The Mediator? He makes a great point:
"Hollywood produced about 15,000 hours of new TV and film last year, compared to close to 300 million hours uploaded to YouTube. That means that if only 0.01% of YouTube content is considered competitive with Hollywood content... it would yield 30,000 hours of competitive content, 2x Hollywood’s annual output."
(https://dougshapiro.substack.com/p/the-relentless-inevitable-march-of-creator-economy)
What network can compete with those production numbers?
Everyone better get to starting their own channel.
Thanks so much for the recommendation. I will definitely add it to my list of resources:)
I love this. I started to finally write a script that's been in my brain for 3 years. Time to adapt and attack them goals! Thank you Anna!
Write a part of me! lol
ok i will! For real I will! It's going to be a short film but im super confident about the story...and I don't know how long it's going to take to make everything happen but I'm going to make it happen. I just got into life insurance sales in Arizona and I am on track to be able to make enough money to shoot this and do everything myself including pay the actors and crew. The company I work with you get residuals off your sales forever so I'm going to bust my ass so I can maybe start my own production company!