THB #159: Fisking Industry Analysis (Oy!)

I am, to be honest, sick of explaining the history and current state of streaming and legacy media to what seems to be a majority of media writers who don’t know it.

But I made the mistake of listening to a podcast featuring 2 of the people who speak the loudest and have no seeming interest in reality. So now, for the last time (PLEASE!!!), I will Fisk the conversation in an effort to make it as simple as I can. So simple that faux know-it-alls can catch up to reality. (Their quotes are in italics.)

“If you look at what’s happened over the past three decades in the entertainment business, there’s been a pretty solid business model built on the linear cable business, and everybody knows that that is not going to last forever.”

Okay… In the last 7 decades, there has been a business model based on broadcast television.

About 4.5 decades ago, cable came to town, widely, and a variety of models resulted, though fundamentally, it was a government-issued monopoly business by region, and a big …