> [Streaming is] the big asset [movie studios] could build on!
The movie studios likely don't see it this way. Tickets and merchandising are still the two main pillars of the industry. Home viewing is still the bottom end of the market [1]. The embrace of streaming represents a loss of revenue, not a gain of consumer good will [6].
Physical media (DVD/BluRay) are much more lucrative. Studios have an incentive to keep selling a pennies-worth of plastic for $20. Streaming represents a major loss of revenue and the studios will stall and delay until consumer demand forces them to change.
People still buy millions of BluRay movies each year [2]. Now the studios are trying to compete directly with Netflix, rather than embrace the changing consumer landscape. This is largely a continuation of Blockbuster's long, slow demise [3].
In order to feed the lucrative parts of the distribution chain (movie tickets, merch, physical media), Hollywood is increasingly churning out "big" movies. This has spawned a new phenomenon called "super hero fatigue" [5]. Many are predicting the demise of blockbusters altogether in the near future [4].
But don't expect studios to change until it's proven that they can't make money the old way.
The movie studios likely don't see it this way. Tickets and merchandising are still the two main pillars of the industry. Home viewing is still the bottom end of the market [1]. The embrace of streaming represents a loss of revenue, not a gain of consumer good will [6].
Physical media (DVD/BluRay) are much more lucrative. Studios have an incentive to keep selling a pennies-worth of plastic for $20. Streaming represents a major loss of revenue and the studios will stall and delay until consumer demand forces them to change.
People still buy millions of BluRay movies each year [2]. Now the studios are trying to compete directly with Netflix, rather than embrace the changing consumer landscape. This is largely a continuation of Blockbuster's long, slow demise [3].
In order to feed the lucrative parts of the distribution chain (movie tickets, merch, physical media), Hollywood is increasingly churning out "big" movies. This has spawned a new phenomenon called "super hero fatigue" [5]. Many are predicting the demise of blockbusters altogether in the near future [4].
But don't expect studios to change until it's proven that they can't make money the old way.
[1] http://www.investopedia.com/articles/investing/093015/how-ex...
[2] http://www.denofgeek.com/us/movies/blu-ray/263154/falling-dv...
[3] https://www.fool.com/investing/general/2013/11/06/3-bonehead...
[4] http://www.cracked.com/blog/why-blockbuster-movie-bubble-wil...
[5] http://www.rollingstone.com/movies/news/10-signs-that-you-ha...
[6] http://www.latimes.com/business/hollywood/la-fi-ct-home-vide...