Barry Diller says streaming services killed the movie business as he knew it

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Barry Diller says streaming services killed the movie business

Media companies have spent billions each year on content, in an effort to create exclusive shows and films that push users to subscribe to their services.

Despite the flow of cash, much of the content is lackluster, IAC Chairman Barry Diller told NPR this week. "These streaming services have been making something that they call 'movies,'" Diller said in an interview with the media outlet at the Allen & Company Sun Valley Conference. "They ain't movies. They are some weird algorithmic process that has created things that last 100 minutes or so.

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Just like Video Killed the Radio Star, Streaming Killed the Cinema Star Cinema Killed the Theatre Star Theatre Killed the Storyteller Youtube Killed the Video Star MTV Killed the Radio Star* AM/FM Killed the Local Jug Band Soon, Holodecks Replace Streaming Waiting StarTrek...

These disruptive technologies will one day kill human race!

FOH, the Coronavirus may have something to say about this 🤷🏾‍♂️

Nah just made it more easily accessible at cheaper costs. Streaming hasn’t killed the music industry. You adapt and survive, don’t and you won’t.

It’s called creative destruction

Streaming services also killed the quality of content. Yuck content.

True, that and 80 inch plasma TV's.

I think he is on to something....

Good!

Bullshit articles like this is probably why you’re number 2 in the News ratings! I’m sure this guys tied to the financial market banks or somebody that’s getting their ass kicked!

Movie theater prices killed the movie theater industry

Yeah watch jimmyyyyyy instead hahaha APESNOTLEAVING AMCAPES AMCtothemoon

This “journalism” is pure market manipulation. Your bosses are losing their shorts on amc and so you report this to cause a sell off / deter new investors

They said the same thing when TV came round, when cable started, and now streaming services. Each change has brought greater prosperity for creators.

Crappy films with huge budgets didn't help

davidgura Post-internet Michael Fenne. 😆

Only pushing marvel/star wars movies killed the movie business

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Killed theatres & not the movie business.

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