28 November, 2007

Out of the strike: new models for film from Silicon Valley

From Netribution:

"Marc Andreesson, who founded Netscape amongst other ventures, is arguing that the film industry needs to rebuild itself on a model closer to that used by startups in Silicon Valley. Here venture capital companies will normally back talent with a good idea, and leave them running the company with a big share, perhaps over half, of the profits."

Read the article here.

And from Marc Andreeson's blog:
"The writers' strike, and the studios' response to the strike, may radically accelerate a structural shift in the media industry -- a shift of power from studios and conglomerates towards creators and talent."
Read the entire post "Rebuilding Hollywood in Silicon Valley's image" on CNET here.


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