(Photo illustration by Nicole Vas / Los Angeles Times; Getty Images and Unsplash photos) Welcome to the Wide Shot, a newsletter about the business of entertainment. Sign up here to get it in your inbox. James L. Dolan, the interim executive chairman of AMC Networks, has been perking up some of our sources’ ears with his frank assessments of the state of the entertainment business as studios and TV giants adjust to the realities of streaming. “As I’ve said in the past, the current mechanisms for monetizing content are not working,” Dolan said during the company’s earnings call this month. “The content industry needs to reorganize itself. We’re seeing this now with most media companies beginning to course correct to better monetize content and improve the economics of their business.” In other words, the business model is broken, and no one seems to have a clear idea of how to fix it. The challenges should already be familiar for regular readers, but here’s a quick summary. The explosion of streaming services that started in 2019 created an expectation among audiences that they could get loads of premium film and TV content for a monthly fee that made it feel […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
