The business model of streaming media has chopped off the long tail of content monetization.
Why it matters:
The future of media and entertainment is tied, inextricably, to streaming — posing existential questions to creators and tightening the bind of costs to artistic decisions.Making money from entertaining people through a screen has become increasingly difficult with the explosion of streaming services.
The number of viewing options offered through streamers dilutes quality and flattens the audience experience — making it nearly impossible for consumers to distinguish one platform from another, and"We have so much choice that nothing actually sticks or matters," Janice Min, the CEO of Ankler Media, tells Axios.
"Hollywood's calling card has always been that it makes the highest quality content in the world ... And when you start to populate a fire hose, you lose some of that," says Min.The latest:
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