Im saying attention spans are changing and in the TikTok demographic they are used to short form content. Heck even youTube added stupid short form content videos which now I watch on there. YouTube and TikTok are the two top streaming apps and they are free. They are more used then Netflix and all the others. Thus all the others will start competing with YouTube and Tiktok by merging .. like Disney Plus merging with HBO Max. They will offer more free alternatives to compete with Youtube and Tiktok too. Hollywood will still make money of course, but not as much as they have use to been making when they are competing against the top two streaming apps (YouTube and Tiktok) that are free.
TLDR summary Hollywood's biggest competition isn't between themselves but YouTube and Tiktok and how they are shaping and changing media consumption habits and thus the media landscape. To me the data I pointed out already shows this including 2023 lackluster box office results compared to 2022.
The evidence just isn't there to believe that any of the small streaming offerings are competing with long form videos. "Funniest Home Videos" is, not shockingly, on the drop. But long form entertainment is literally doing better than it ever has.
Yes, YouTube and the like have more viewers than some of the paid services. They aren't, necessarily, making more money with those viewers. And even odds on whether they could keep the viewers as they try to make money. My bet would probably be no, all told. Consider, radio has been free for ages. Even broadcast television was free. This did little or nothing to prevent paid services from growing.
TLDR summary Hollywood's biggest competition isn't between themselves but YouTube and Tiktok and how they are shaping and changing media consumption habits and thus the media landscape. To me the data I pointed out already shows this including 2023 lackluster box office results compared to 2022.