“Hollywood is now irrelevant. It was these six movie companies essentially were able to extend their hegemony into everything else. It didn’t matter that they started it. When it got big enough, they got to buy it.
“[But now and] for the first time, they ain’t buying anything. Meaning they’re not buying Netflix. They are not buying Amazon.”
“In other words, it used to be if you could get your hands on a movie studio, you were sitting at a table with only five other people. And so that table dominated media worldwide. That’s over.” — from a 2.18 interview with Recode‘s Kara Swisher.