1/4 🧵 1/8 🧵 You nailed the core dynamic: Hollywood's death wasn't caused by bad management or woke politics—it was technological inevitability. The moment distribution became decentralized, the studio system's economic foundation crumbled. Everything else is just watching the building collapse in slow motion.
2/8 🧵 The distribution monopoly was everything. Pre-internet, Hollywood controlled the entire value chain: production, distribution (theaters, TV networks, video rental), and marketing. If you wanted to reach audiences, you paid their toll. That's why they could extract 80-90% of revenue while creators got table scraps.