In my book, I write how digital technology is destroying traditional media by undermining the cost of production and distribution (see section 1.6 in The Big Book of Content Marketing).
Here’s a new article in Salon for an upcoming book on the economics of Hollywood. The financial engine of Hollywood is broken. Hollywood can’t go back to the old model. And the new model is too small. This means the end of Big Movies.
What exactly killed Hollywood? My book explains this in short sentence. Read the article for a detailed explanation.
Read Lynda Obst’s article Hollywood’s Completely Broken.