New Movie Streaming for Free in China creates fear of “destroying the movie industry”

Tent cities are a growing concern in society

Let’s take a moment of silence for anybody who is sick with the virus that started in China. Any outbreak causing human beings to get sick and some to die is much bigger than any movie business concerns.

That said, the two are somewhat related in this piece. A movie studio is going to stream a premiere on a free platform due at least in part to the current virus outbreak scenario in China. Theater chains, despite some of their locations being shut down at the moment due to the outbreak, are crying foul.

“This goes against the payment and revenue model that the movie industry has cultivated over many years, is trampling and intentionally destroying the movie industry and premiere models, and play a lead role in causing destruction,” said the letter, whose signatories include Wanda Film Holding, Bona Film Group, and Henan Oscar Theatre Chain.

China’s theaters, studios protest against deal to stream movie online for free | News | WTVB

Sooner or later there is going to be a MOVIES IN THEATER FOR FREE streaming channel. A legal one probably ad-supported in some way, not some torrent copyright piracy nightmare. A legit Spotify-like service for movies.

Mark my words. It. Is. Coming.

The bigger question is whether or not what happened to the music industry will happen to the movie business? Will we see fewer big budget movies being made? Absolutely. We’ll see a rise in more Youtube/indie content, lower budget films and films which exist to drive ad revenue.

I’m not saying this will be a great time for good movies. It will be like what it’s like on YouTube right now. A bunch of crap to filter through to find a few gems. There will be many, many more movies, most of them horrendously amateur and bad.

Hollywood will look more like tent city.

I know, a prediction of doom and gloom for the movie industry, but it’s inevitable that somebody is going to legalize the Spotify model for movies. It probably won’t be this year or maybe next, but it wouldn’t be a bad wager that it’s likely to happen within the next 10-20 years.

The movie business has to change and adapt, as should have the music business. Hopefully, they do better.

Let’s start the clock ticking with this post on January 25, 2020.

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