The long tail effect, was explored within this weeks seminar. Doug used a really great example in comparing, a book shop with something similar to amazon. Another example also explored is the idea of independent film industries and international ones.
Transformers for example will always gross more profit than that of an independent film because the movie has become tailored for the audience. This means it has a lower risk of losing money than that of a independent film, due to Transformers deeming more appealing.
Its the idea that everything produced now comes at a cost. The internet and technology has compromised many businesses, such as DVD rental shops due to the content seeding online that customers can get for free. However I struggle when my internet is too slow to stream anything so it results in me dragging out a DVD and enjoying something that provides quality as well as not having to wait for it to load every two seconds.
People pay for quality and things that save them time. Those two things seem to make the internet a profit making machine, while others are losing ridiculous amounts of production costs etc.
A way in which many artists and directors have gotten around the ‘free downloading’ of songs and movies, is the introduction of Netflix and Tidal. Subscribed channels that provide many different options all in one place for the consumers (us). Evidently we all want what we cant get. If there isn’t something we want to view on Netflix, we are forced to again stream online.