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The industry is undergoing a significant transformation driven by rapid technological advancements.
For the legacy studios, the streaming wars have become a nightmare. The strategy was simple: lose billions building a library (Disney+, Max, Peacock) to capture subscribers. But now, growth has stalled. Wall Street demands profit. So, studios are doing what they always do: squeezing creators.
In the early 1900s, entertainment was a destination: a physical theater for silent films or a crowded stadium for live performances