I think the problem with streaming is that there is just too much of it. There is only so much content -- ahem, TV -- that people can watch in a given day. Especially because content includes stuff like TikTok.
How many minutes of TV were produced last year? How many minutes were produced in 1990?
Those legacy salaries are not possible, because if each American TV minute is worth $0.01, they're now splitting that $0.01 across 1,000 different shows, not a couple dozen.
If I'm a young person who wants to perform on screen for a living, I know where I'm going: TikTok, Instagram, or YouTube. There, I can control my own creative output, make my own brand deals, and own my own face.
How many minutes of TV were produced last year? How many minutes were produced in 1990?
Those legacy salaries are not possible, because if each American TV minute is worth $0.01, they're now splitting that $0.01 across 1,000 different shows, not a couple dozen.
If I'm a young person who wants to perform on screen for a living, I know where I'm going: TikTok, Instagram, or YouTube. There, I can control my own creative output, make my own brand deals, and own my own face.