Just like digital music effected the recording industry the same is happening to film and television.
With Verizon now entering the mix to compete with Netflix the days of studio and network dominance are over, profits are a thing of the past without severe cuts and new union contracts.
I think it will become virtually impossible to survive without severe cuts. Wall Street won't support a lousy business model. Business as usual with the major networks is over as red ink is flowing. Couple digital delivery, Netflix, Verizon and inexpensive 81 inch TVs and you might as well say game over for networks with high overhead. There are two words that will be heard in Burbank for some time to come, "you're fired."
I discuss this once again in Brad Richdale scam
written by Brad Richdale copyright 2011 all rights reserved
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