Part 3/12:
All of Hollywood’s issues, critics argue, ultimately trace back to the rise of Big Tech monopolies. These corporations have metamorphosed from mere distribution channels into profit-hungry giants whose singular goal is to extract every dollar from consumers and then collapse in the pursuit of short-term gains.
This shift is most evident in the streaming wars, where traditional studios have lost their grip on film and television. Historically, studios operated within a predictable model: produce, release, profit, and repeat—if a film was successful, more would follow. TV followed a similar pattern, supported by licensing and syndication. But that model has been upended.