Last week, the Wall Street Journal ran an article entitled “Netflix: The Monster That’s Eating Hollywood.” From the title, one would think that the article would repeat the tired narrative of how the Internet is harming creativity, from facilitating piracy to diverting traffic from news sites. But the article actually tells a different story: how streaming platforms such as Netflix and Amazon are promoting fierce competition over creative talent. In other words, the Internet is increasing the income of “creatives.”
DisCo recently highlighted a New York Times article by Farhad Manjoo entitled “How the Internet is Saving Culture, Not Killing It.” The Times article explained that the growth of subscription-based online platforms for movies, television, and music were sustaining commercial content and cultural production. DisCo previously explored how streaming platforms such as Netflix and Amazon were significantly increasing both the quantity and quality of television programs, bringing about what critics describe as a second Golden Age of Television.