Music streaming isn’t “The Record Business.” Video streaming isn’t “Hollywood.” Time to think differently…

Over the last 100 years in Hollywood, often 1+1 = 7. Creative people (and the executives who oversee them) have a long history of “creative accounting”, mishandling money and said simply, bad mathematics. But in a business where money used to flow in predictably from known sources on a year by year basis, now the mathematics of the entire entertainment business are going up in flames. Why? Well, the transition of the entertainment business from physical media and predictable yearly cable contracts to the murky unpredictable waters of streaming continues to be bumpy, at best. You might remember there was an actor’s and writer’s strike in 2023 over the issues of money in streaming. Historically, there used to be so much money coming to Hollywood and the Record Business that it would make up for the “creative accounting” being employed by large entertainment companies to sweep their mistakes and misdeeds under the proverbial “rug”. But even with grosses (for music streaming ) going up, the entertainment business finds itself at a very difficult point which might require some very new and very uncomfortable thinking…

HERE IT IS AS SIMPLY AS I CAN SAY IT: Music streaming isn’t “The Record Business” and video streaming isn’t “Hollywood.” Any platform that streams…