Film and TV Profits Have Collapsed Over the Last Decade

The internet’s impact on traditional entertainment companies is starting to look a little like what happened in music and print. The web made more work available at a lower cost, compressing profit margins and prompting consolidation. Net income at the largest U.S. entertainment companies has dropped by more than 60% since 2013.

Source: Film and TV Profits Have Collapsed Over the Last Decade

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