To add to the theme of deflation and the new frugality that is changing the way America shops and thinks I want to mention my new site beta.piratemyfilm.com; a creative way to finance media properties that lives outside the studios and their cosy banking relationships
One of the last monopolies in America – one that appears somewhat resistant to the deflationary pressures of the general economy is Hollywood.
Pirate Myfilm has the ability to disintermediate much of what adds costs to the films that make their way to theaters as such bloated behemoths. The talent agencies; WMA, CAA and ICM control the pricing of the talent and this in turn exerts control over production and distribution. But as the Internet creates ‘stars’ outside of the Hollywood system we see the emergence of a new entertainment industry. The only thing missing is a correspondingly creative way to finance media properties that also lives outside the studios and their extremely cosy banking relationships.
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Once again Max, you are front-running the front-runners. Kudos!
Intellectual property rights will become the ultimate weapon of the corporate occupation. The global insurrection must counter this form of thought commodification if we are to avoid financial enslavement. Piratemyfilm is brilliant economic judo, as well as organic enterprise, and they know it. It is time to apply the model to all media.
ditto Daniel S. Great idea Max.
“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” Buckminster Fuller (1895-1983)
I like the idea of Pirate My Film on sooo many levels.