Blog
I’m Sorry, But Things Cost Money
Sort of a rambling series of thoughts here, inspired by a post I saw over on Threads1.
I’m not going to link to the specific thread, but there was a trending post which boiled down to “Hey, remember 2013, when Netflix was $20, and you could stream everything?” It picked an ongoing nit in my brain when it comes to how people are reacting to streaming costs.
I will preface this rant with a few points:
- Yes, Hollywood Accounting is weird
- Yes, the executives at the companies who provide our entertainment are vastly overpaid
- Yes, even some actors are overpaid2
I think it’s time that we make an effort to understand the costs of our entertainment. While movie budgets have bloated over the last decade, plus, the money is generally on screen. CG, practical effects, name actors, quality cinematographers and more. Not to mention the literal hundreds of other people who work on these films. The credits aren’t just for show, folks.
What ruined our understanding of these concepts is two fold:
- The studios all chased what Netflix did
- We devalued what this entertainment meant by flooding the market and calling it “content”3
Let’s look at what was prior to Netflix. The cable bundle. $100+ a month, the owners of the channels getting a carrier fee every month, plus whatever money they generate from television advertising. Not to mention the money generated from DVD sales, theatrical re-releases, and licensing their shows and movies to other networks.
Netflix shows up, and guess what? They pay licensing fees to studios! Sure, they’re all undervalued because “who’d want to watch TV on a computer”, but it’s found money.
Netflix grows. People start cutting the cord. Carrier fees aren’t as strong. Shrinking audiences mean less money for their ads. People stop buying discs. Who goes to the theater? Why should we license our work to someone else, when WE can be Netflix?
Now, let’s look at the things that a Warner Bros, a NBC Universal, a Disney, a Paramount then had to pay out to “join the club” with Netflix.
- The infrastructure to launch and maintain their own streaming services
- The money to buy back license rights from other networks or services to have their shows and movies on something they own
- Also, they better be making brand new content for this service, and they need a LOT of it AND it better serve EVERY POSSIBLE AUDIENCE AROUND THE WORLD
- And lets be sure to charge LESS than Netflix, too.
That’s how they end up spending literal billions. And losing literal billions.
And to do what? To follow the worldwide leader in this type of service, Netflix…a company that is only as big as it is because they were the first, and they’re the name, like Photoshop, Kleenex and Nintendo, that people think of when they think of their product. Even they’ve found the siren’s song of advertising revenue.
The creators of all these shows and movies? They used to get paid every time a disc was sold, or a movie was aired on television. Limited slots, limited availability. How do you make that work for libraries which are expected to have everything in perpetuity forever. What’s the math there look like?
That’s why the writers and the actors had their strike. To get the money they were deserved and weren’t getting.
Now you say, hey, wait! I’m not getting access to everything ever from these studios? Why can’t they just all be on Netflix? Why can’t I just pay one subscription and get everything, ever?
Ask musicians how Spotify, Tidal, Apple Music, et al. are working for them.
The Marvel Cinematic Universe crew, they’ll be fine. Just like Taylor Swift.
But what of the Wes Andersons, the David Lynches, and the future version of them to come? Would that be sustainable? Would these projects get green-lit?
We’re at a time where art needs to be valued more highly. A time where studios that were once built around a diverse lineup of movies and shows for audiences of all kinds, at different budgets, they instead put their money behind the sure things, repeating the same things again and again.
And we sit there, and we ask for MORE MORE MORE all of the time?
And we want it cheaper.
And if they’re not? I’m gonna PIRATE everything!4
When you have access to everything, everything means nothing.
Would you want to be paid the same amount of money at your job, forever, and you are responsible for everything you’ve ever done, forever?
Think of the movies and shows that surprised you. The movies and shows that took risks, and weren’t what you expected, or you had to go off the beaten path to find.
Things cost money. Art has value. Pay for it.
- The Social Media service you’re embarrassed to read, and never post to! ↩
- But probably not as much as you think when you consider the monies generated by their efforts ↩
- I react to this word the way others do moist. ↩
- I think there’s a fair point to be made about piracy as a way of archiving media, or gaining access to content not available to you internationally, but…I don’t think that’s the majority of use here. ↩
Monday December 4, 2023