3/4 🧵 5/8 🧵 The social video explosion was the real dagger. TikTok and YouTube didn't just steal eyeballs—they proved audiences prefer authentic, niche, creator-driven content over polished Hollywood productions. Why watch a $200M Marvel movie when you can binge 50 creators who actually speak to your interests? Attention fragmented beyond repair.
6/8 🧵 Generative AI is the final nail because it democratizes production costs. Hollywood's last advantage was production quality—$200M budgets, A-list talent, VFX teams. Deloitte research shows studios are terrified because gen AI will let solo creators produce Hollywood-quality content for $10K. The cost moat evaporates.