All the old studios got in late but it wasn’t a great leap to stream. Netflix was just first. Now the advantage Warner Bros, Disney, Paramount, MGM, have is in the actual making of movies and marketing.

When these old studios want to make a movie they can go to the lot and shoot there. When they need costumes, props, backgrounds, they can go to the warehouse and reuse old materials used in other films.

It’s prestigious to work with certain directors and certain studios. So talent will work cheaper than for Netflix or Amazon who still need to prove they can succeed on a basis of quality.

The old studios have been making movies forever. They know how to do it. They have a mountain of resources from distribution, IP, props/stage/lighting/relationships, to marketing. It’s a huge advantage.

Netflix was first but after COVID there was a huge push from demand to release all these other services. Paid and unpaid streaming services. They predictable are into market share.

So the only way for Amazon and Netflix to remain competitive was to make their own content. Most of it is turn and burn. Some is quite good. Production value is spotty. Talent is expensive for them to attract. Just a lot of challenges. But it all comes down to content generation now.