“The studios and the financial components of this ‘financialization’ of the film industry have little magic left in them; they function as extraction mechanisms. A model that has led the so-called mecca of cinema into a state of labor and economic precarity.”
My thoughts on Warner’s acquisition.
The studios and the financial components of this ‘financialization’ of our ‘beloved industry’ have little magic left in them and are, instead, essentially mechanisms of extraction.