Hollywood: Losing as slowly as possible
Here’s the thing: You wanted to believe that Hollywood saw what happened to the music industry and learned a valuable life lesson. You wanted to believe the lesson Hollywood learned was to embrace digital streaming and a la carte sales as soon as possible.
You couldn’t have been more wrong.
Hollywood saw the precipitous decline of the music industry, got scared as shit, and the actual lesson they learned was: We need to try ten times harder to protect our current business model.