The Economics of Hollywood | Economics Explained
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$42 billion dollars.
That is the amount of money grossed by films at the global box office in 2019.
Impressive? Definitely. Surprising? Probably not, especially when you consider that global box office revenues have increased year-over-year since 2005.
That was, of course, until COVID.
As you’d expect, the pandemic has devastated Hollywood - resulting in an unprecedented seventy-one percent (71%) decline in global box office revenue.
Worse yet, we all have to go another year without Daniel Craig’s No Time To Die -
a title that has since taken-on somewhat of an eerie meaning.
But putting the absence of James Bond aside ... movie ticket sales have actually been on the decline for nearly two decades - despite a steady increase in population over the same period.
So, if people are going to movie theatres less often - and they are -
then what exactly is driving the growth behind global box office revenue? [note]
To answer this question, you have to understand the economics of Hollywood.
How do movies get funded?
What is the role of government subsidies and alternative revenue sources?
How can a movie gross more than its budget and still lose money?
And finally, what are the economics behind movie theatres and their twenty-dollar buckets of popcorn?
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@zyansheep
3 жыл бұрын
Yeet
@0xjrr
3 жыл бұрын
it's a miracle, ee video finally
@manuelka15
3 жыл бұрын
The motion graphics with text appearing on the screen is very distracting, please remove it :(
@HowMoneyWorks
3 жыл бұрын
Signing up to help you get that James Bond Aston Martin
@stefanoraffo5096
3 жыл бұрын
Disney is not a monopoly but they are certainly part of an oligopoly. They control a huge amount of the supply and the world's biggest franchises of course it's show them or die. I thought that argument was a bit week but overall great video
The most creative people in Hollywood might be the accountants.
@andrewhenshaw4067
3 жыл бұрын
😅
@SpecialJay
3 жыл бұрын
👏👏👏
@Crusader143d
3 жыл бұрын
It's the people who stole the camera tech from Edison and fled to California to avoid the fed before transportation was easy to go find them. Not My problem tho.
@Brainfryde
3 жыл бұрын
Everything they do is certainly... original.
@sor3999
3 жыл бұрын
@@Crusader143d Hollywood was founded on piracy.
Urgh, the moving text is nauseating.
@robrick9361
3 жыл бұрын
It's like ADHD turned into prose.
@iruns1246
3 жыл бұрын
I usually look away from my monitor to my smartphone for distraction, for this video I did it out of necessity.
@cyb3ar897
3 жыл бұрын
Kinetic typography is very annoying to look at, I agree
This is just my opinion, but I really disliked the kinetic typography. Takes away from the calm and easy-to-digest style of your videos which I like.
@ado6693
3 жыл бұрын
I agree
@rogerrinkavage
3 жыл бұрын
Ditto
@kataban1763
3 жыл бұрын
yeah i am about to throw up go easy with it next time
@b.s.3993
3 жыл бұрын
I was going to post this myself. The movement is distracting. Go back to the old style please.
@neeld66
3 жыл бұрын
+1
And just as we needed him, the Aussie man returns
@abzeromusic
3 жыл бұрын
Where my game stonks video though?
@EconomicsExplained
3 жыл бұрын
Now with a new and improved flavor!
@swapnilsharma2794
3 жыл бұрын
@@EconomicsExplained Where were you Mr micheal? I missed you so much 😭😭😭
@livethefuture2492
3 жыл бұрын
@@EconomicsExplained FINALLY! thank you for bringing back some normality into my life, with my evening dose of Economics explained! :D
@ttld678
3 жыл бұрын
My aussie boy I got so worried🥺
Please consider not using that heavily animated text that twists and turns. Your videos are calm and informative. I don't need my eyes to have to move like a rollercoaster just to follow the video
@NickRaven
3 жыл бұрын
Yep, the kinetic typography is far too nuts.
@ron.h264
3 жыл бұрын
I also feel this way, very distracting and impedes my comprehension :(
@spyiro2007
3 жыл бұрын
Just adding my two cents if EE is reading this : if you have a chunk of text make it normal, but if you have title or something very short it's okay in my book, for example at 3:20, that's a cool way to show your title and 3:50 that's also a nice presentation. However at 5:56 that's too much, i would prefer to have the whole text in one go. Plus for people who are not native english speaker, it helps to pause the video and read in their own time the text.
@Viperzka
3 жыл бұрын
Agreed. The pacing of the visuals is consistent and pleasant everywhere else and the kinetic type throws that off.
@TheLukass71
3 жыл бұрын
Is it me or is he also just talking at like a super speedy way? And exactly I love EE because of how calm and informative they are which helps a lot especially if it's something quite complex being talked about. Sorry Economics man but this new style ain't it :(
Good to see Michael from Economics Explained is alive and well, I was beginning to think the governments ranking at the bottom of the EE leader-board had finally got to him!
@EconomicsExplained
3 жыл бұрын
Not today my friend haha
@jdd109
3 жыл бұрын
He has a security detail made up of the finest Norwegian and New Zealander experts
@EatMyShortsAU
3 жыл бұрын
*Michael Bay
I find the new text thingy distracting and a bit dizzying. Great video tho and the quality is just getting better and better!
@eliahelfenbein4731
3 жыл бұрын
Thank you
@laszloandrasi3258
3 жыл бұрын
I agree with you Daniel. It made me quite queasy.
@Luke-op3to
3 жыл бұрын
In some ways, it is great and brings attention to specific words and points - but when overused it's distracting, and the spinning of the frame is indeed dizzying
@Lucy-ng7cw
3 жыл бұрын
Lucas Brunelle yeah once or twice in a video would be fine but constantly just gets annoying
@zoltannagy47
3 жыл бұрын
Agreed
The Economics of Hollywood: Remakes, Sequels and Prequels. Then start your own Streaming service.
@ayush.kumar.13907
3 жыл бұрын
@@Brent-ln9bc that's any big business, not hollywood specifically
@khalmasonart
3 жыл бұрын
I mean remakes, sequels and prequels are safer bets for investors compared to more risky new franchises.
@simonpetrikov3992
2 жыл бұрын
@@khalmasonart yes that's true that's why I don't rail against pop culture movies as much as I used to
I know you just learned it, but please don't use the "kinetic typography". or at least not so much, especially in the middle of the videos. doing it once at the beginning might be okay. And for a video about Hollywood investors I assumed there would be way more about human trafficking and demon worship.
@thephilosopher7173
3 жыл бұрын
The economic info on the Trafficking and demon worship is covered by Hollywood accounting which is too opaque unfortunately.
@whathell6t
3 жыл бұрын
@@thephilosopher7173 No it's not opaque. Trafficking and demon worship are in arms race phase. A rivalry of Hollywood vs South Los Angeles. Trust/Offshore Fund trafficker vs MS-13 trafficker Baphomet cult vs Cipactli cult
@simonpetrikov3992
2 жыл бұрын
@@thephilosopher7173 demon worship is supernatural not economic
@thephilosopher7173
2 жыл бұрын
@@simonpetrikov3992 The more the avg person believes that things like this are simply beyond them, the more these ppl get away with it. For if it is supernatural you're only possible solution would be a being who likewise is this way. But if you depend on such a being then you have nothing to worry about since you can't do anything. But thats not logical, because we can do something, and therefore its not supernatural.
"In Massachusetts..." Shows Texas state capitol building with a very visible texas state flag
@magiccards88
3 жыл бұрын
Was looking for this comment
@catalindeluxus8545
3 жыл бұрын
Well, the quality of EE has sadly decreased steadily over some time.
@Lucy-ng7cw
3 жыл бұрын
Catalin Deluxus in what ways?
@EatMyShortsAU
3 жыл бұрын
*Shows Istanbul skyline*
@jeffreypierson2064
2 жыл бұрын
There must not be a stock footage of the Boston building. He only uses stock footage.
EE: Disney is not a monopoly. Me: Not yet. Give it a couple of years, and then I'll say 'I told you so'.
The typography is nauseating and distracting.
@olbradley
3 жыл бұрын
Ikr, "Kinetic typography" is really overrated. Not sure why so many people use it.
@MegaLietuvislt
3 жыл бұрын
I've only ever seen it in music videos. In my opinion that's where it should stay...
@edmundthespiffing2920
3 жыл бұрын
@@MegaLietuvislt or memes
@annabethchase2569
3 жыл бұрын
Yeah, while it worked in the ad, using it in the video almost every time there was a text became tiring very quickly.
Anyone want to bet against that the "Worst Mistakes Economics Explained did in 2121" will feature Kinetic typography?
EE, my man, your video literally screams "I want to show off my kinetic typography skills"
@annabethchase2569
3 жыл бұрын
Which he learnt from SkillShare, SkillShare is the online learning platform.... (I ain't typing all that out :P)
@bohdandoval9621
Жыл бұрын
No they just discovered the envato pre-made templates
The new editing techniques are cool, but I don't think they're a good fit for this type of video. Slower and calmer is better, this new style is a little frantic and busy.
If this were the 80's I'd be speculating about "Economic Explained: the movie."
@HowMoneyWorks
3 жыл бұрын
"In a world"
@cocoabutt1711
3 жыл бұрын
@@HowMoneyWorks Someone with a video editor (and too much free time) needs to make this trailer!
@chimarleywai
3 жыл бұрын
After enough cocaine it sounds fantastic
@EatMyShortsAU
3 жыл бұрын
Feature all female cast (Because you know gender politics).
@cocoabutt1711
3 жыл бұрын
@@EatMyShortsAU Are you female?
Mr economics man is back. Been a long two weeks
At one time I worked as an IT accounting systems coordinator. Working with the accounting team through many month-end closings, they would tell accounting "war stories" from time-to-time about how the boundaries of accounting had been stretched at one time or another. My favorite had to do with the Hollywood company which had booked its prostitution expenses to the limousine rental account. During an audit, the auditor looked at the amount they were spending on limousine rental and made the recommendation that they purchase rather than rent limousines to save money.
@georgeadams1347
Жыл бұрын
BWAHAHHAHAHA! I worked as a Production Coordinator and Production Supervisor in film for 15 years. I imagine it was a lot harder before Airbnb. For exceptionally high-end “talent”, productions could usually find a “charter jet” company. But honestly most of the time the actor or producer just paid for it themselves, production staff just got tapped to “find” the talent. Which was probably awkward. Not like I ever had to do it working my way up in the indie and studio industry……..
@baoboumusic
Жыл бұрын
I heard the other day that music productions often had a "fade-out specialist" budgeted who was flown in from overseas... And that covered the coke consumed in the studio.
@stringfellowbalk2654
Жыл бұрын
LoL
The kinesthetic type is a bit overstimulating to me.
@wigglebot2368
3 жыл бұрын
Definitely
Pretty please no more extreme rotations or movements on the text shown on screen
That kinetic typography almost made me nauseous, pls dont do that again. Love the video
- *talking about Disney movies, specifically Star Wars* "It's because they make great movies" Bold statement there, good Sir.
@Arminmillionaire
3 жыл бұрын
It's because they have good marketing. The movies are ok.
@EatMyShortsAU
3 жыл бұрын
It is just nostalgia for nerds.
@Ostrumite42
3 жыл бұрын
I would have put it as "They make big movies" Big budgets, big reputations, big audiences and big potential returns.
@pk9580
3 жыл бұрын
@@EatMyShortsAU actually the nerds hate the new trilogy
@EatMyShortsAU
3 жыл бұрын
@@pk9580 Yeah I heard about that.
Hedge funds: "AMC is overrated" Meme investors: "Hold my overpriced Coke." Me: *grabs overpriced popcorn*
@muhammadyusoffjamaluddin
3 жыл бұрын
You literally MUST make that as Kinetic Typography. It Flies...
"Disney isn't a monopoly" But that's exactly where they are heading though.
@alexxx4434
3 жыл бұрын
Any self-respecting business wants to become a monopoly some day!
@secondavenger9775
3 жыл бұрын
Disney can never be a true monopoly for one simple reason: They can't stop other people from making movies. They don't control the means of production or distribution that they can keep others from using, they merely own lots of popular IPs. IPs are just ideas and it's impossible for anyone to monopolise ideas, so to complete with Disney you need better ideas.
@alexxx4434
3 жыл бұрын
@@secondavenger9775 Well, can't Disney just buy competing new IPs, by making an offer one can't refuse?
@mariokarter13
3 жыл бұрын
"Disney aren't a monopoly, they just make great movies." No, they just own most movies.
@mikitz
3 жыл бұрын
Disney is more of an oligarch than a monopoly.
Just taking a moment to feed that KZread Algorithm. Also, you're going a more than a bit overboard with the kinetic typing. A little bit is okay but too much and people start developing headaches. I guess what I am saying is that moderation is the key.
18:35 I think the "Disney makes great movies" part is up for debate. Especially considering the example you made with the new Star Wars movies.
@comik300
3 жыл бұрын
Yeah, this seemed so backwards to me. "Here's an example of them acting like a monopoly. But they're technically not a monopoly so that means everything is fine." Uh, what?
@mattghostly5261
3 жыл бұрын
I think “popular movies” is more accurate.
@lubue5795
3 жыл бұрын
@@comik300 That made sense. They are not a monopoly because the movie theaters can show other movies. They don't NEED to show Disney movies, but can chose other studio's, hence no monopoly. But because the Disney movies are so anticipated, the cinemas not showing the movies will simply lose many customers. Yes, they wouldn't make money with the tickets sells, but still sell drinks and snacks, which does provide an income. And any other movie they could show instead of the Disney movie, will never be visited as often and thus likely make less money. So, it's not a monopoly, although Disney acts like they have one and the cinemas don't really have a choice.
@perfectlyfine1675
3 жыл бұрын
@@lubue5795 yeah, Disney is a part of a Oligopoly, not a monopoly, but EE made it seem like it's "Free Market"... No, he literally said "it's because it's a free market and Disney's movies are really good". It's less of a "AKSCHUALLY" pedantic correction and more of a misleading correction.
@zjzr08
3 жыл бұрын
The power of long running franchises seemingly taking hold of some consumers due to nostalgia or just simple comfort despite the quality - gaming the system of a fandom's demand.
“Look at this new skill I learned” *sad editor noises*
"Disney makes great movies". I'd be with you if you hadn't brought up The Last Jedi.
@bestbry1
2 жыл бұрын
He did. I rolled my eyes hahaha
@christianfaux736
Жыл бұрын
You mean the best star wars movie since ESB? I guess not everyone appriceates quality
@kassiogomes8498
Жыл бұрын
The Last Jedi is a great movie.
Last time I was this early New Jersey was “the Hollywood”
@waflletoast11
3 жыл бұрын
"Thomas Edision has entered the chat"
I feel like this is very similar to Tom Scott's video: KZreadrs have to declare ads. Why doesn't anyone else? Still very important subject since endorsement laws are nothing but fair.
@woutervanheusden
3 жыл бұрын
Just had KZread recommend that to me, excellent video
Super pleased you enjoyed my class! Just embarassed by how baby-faced I was 8 years ago.
Please go to the old editing style, calm and focused on your narration, no need for flashy text and over-editing.
the rotating text makes me dizzy
“Disney simply make great movies” Uses The Last Jedi as an example.
@insaneweasel1
3 жыл бұрын
Normies gonna normie
@Orclin
3 жыл бұрын
If Disney makes great movies, then McDonald's makes delicious, healthy exquisite cuisine.
@FireHax0rd
3 жыл бұрын
I assume this was a sarcastic remark on EE's part, and he will provide a real answer later on..? Please EE?
@Orclin
3 жыл бұрын
@@FireHax0rd I swear I've seen so many respectable people having such a terrible taste in movies, enjoying then simply for the fact they're 'part of the bigger franchise' and being loud, colourful and bombastic it makes me suicidal.
@somethinglikethat2176
3 жыл бұрын
@@FireHax0rd maybe it was a reference to the massive second week drop off the movie experienced which would have cost most cinemas the chance to make a profit off the movie. Or it was just the first big movie to demand 100% of the first time gross.
Not a fan of the rotating words. It's hard to follow, simple still text is much better.
8:01 Tom scott just talked about this!
@hchskxnbcj
3 жыл бұрын
You stole my comment :(
@rapzeh4
3 жыл бұрын
Yeah, but most likely this video was already done when Tom made his publica
Sir, I have missed my Economic’s being explained to me. I almost went back to school
It's been a long month, but he's finally back.
*Things are getting worse, it's so bad that having a job doesn't mean financial security*
@logansmith9152
3 жыл бұрын
Several intelligent people are terrible investors because they face the market with untrained psychology and untamed emotions. . You need to keep raw, irrational emotion under control.
@schimdtbouchard5484
3 жыл бұрын
Really wish I knew what I know now several years ago in my early 20's. Investing today is priceless because tomorrow isn't promised, trading bit-coins, gold, silver and crypto secures a better future financially.
@moorejane4527
3 жыл бұрын
@@schimdtbouchard5484 This is very true. How many wealthy people or billionaires became wealthy by wages and salaries or by saving in a bank account? You don't even know one right?
@michaeladam3220
3 жыл бұрын
Yeah I agree with you, I think the best time is now .
@dorozhkaanatoly677
3 жыл бұрын
@@schimdtbouchard5484 funny enough they don't know how the fiat money keeps losing value. Our global economic value just keeps declining. Dollar will soon not be the safe haven.
"Disney makes great movies..." Well, that's a bold claim!
@dmanmotherf
Жыл бұрын
In a financial sense, it's not a question when compared to other studios
Sorry .. free market economics intertwined with lots of government incentives. Just wanted to clarify this isnt a true free market lol.
@sithrebel1548
3 жыл бұрын
Meh he's a hardcore right winger. Most everything in this channel is told through the twisted lens of a fascist.
@perfectlyfine1675
3 жыл бұрын
@@sithrebel1548 he's admitted to being a Social Democrat or something like that when he talked either about the Universal Basic Income, Minimum Wage or Norway. I do hope you're joking as this seems like a joke.
@sithrebel1548
3 жыл бұрын
@@perfectlyfine1675 galatians 4:16
@SP-rt4ig
3 жыл бұрын
@@sithrebel1548 Do you even understand the definition of Fascism, or are you just calling anyone who doesn't agree with you a Fascist? Last time I checked, Keynesian economics isn't "hardcore right-wing", whatever the criteria for that is.
@perfectlyfine1675
3 жыл бұрын
@@sithrebel1548 so, you're serious? Ooh, boy. Please do tell me how you've figured out the political positions of a channel that only tells about economics? Also, about how a channel that alluded to being left wing and critisized Third Positionist economics is a Fascist? Final point: praising the free market and being Fascist are mutually exclusive. Fascists want total control, economy included.
Pls don‘t spin the text around as much it feels like a rollercoaster
Finally an upload. It's been long mate. We were starved of this great content.
Calling the Sequel trilogy "great movies" feels dirty...
@simonpetrikov3992
2 жыл бұрын
Well it is great from a certain point of view ; a Financial one
When you were talking about Massachusetts' movie industry at around 11.5 minutes you showed the Texas state capital building :D
This might honestly be one of my favorite KZread channels. I learn so much here.
Stop the moving text dude... it's very distracting
States and countries do have another incentive for MPI's: A location heavy blockbuster can act as basically a 2 hour long tourism advert. A lot of New Zealand's increase in tourism can be attributed to Lord of the Rings. So if you incentivise movies to shoot at stunning locations in your country or state, and then make sure everyone who sees the movie knows where it was filmed, you can have a lasting legacy of increased tourism, especially if the movie is a massive hit. Though to be fair there are a lot of cases where the location isn't disclosed or is even hidden to pretend it is somewhere else.
@georgeadams1347
Жыл бұрын
Not anymore, and in fact New Zealand and Peter Jackson are who started the trend. We now include tourism boards where we shoot in the end credits for just about every film that gets an MPI.
@Croz89
Жыл бұрын
@@georgeadams1347 I don't think LOTR were the first films to use MPI's in exchange for a tourism boost. In fact it seems that the US was the first to really use the strategy around the early 90's, where states would compete and some would market film locations as tourist attractions. LOTR is probably one of the biggest examples outside the US, but it's not the only one, and probably isn't the first.
@georgeadams1347
Жыл бұрын
@@Croz89 LOTR was the trend setter exactly because of it’s success. MPI’s had been around since the early 90’s but only a very small fraction of films shot primarily outside of the LA and NYC production zones. Starting with LOTR that trend started to change. Namely because Peter Jackson proved that we could manage the logistics and that places outside of California and New York had talented crew bases. I didn’t start working in film and TV until 2005 and that was largely as a PA but you heard about the trend line of productions basing out of different states and countries. Vancouver BC had become a production hub by the time I started in the industry. Atlanta was still years away from it’s ascension and Weta and Jackson’s production company were just getting going.
@Croz89
Жыл бұрын
@@georgeadams1347 Big budget films would regularly do location shoots outside of the TMZ, it only tended to be cheaper films that stuck to those locations. LOTR may be when such a strategy entered the public consciousness, but it likely wasn't the first. And from what I heard, LOTR was originally going to film in the UK, because it had most of the landscapes required, it's the home of the author of the books, and it has a reputable film industry with world class studios.
@thomasnielsen5580
Жыл бұрын
There are exceptions. Think about Hostel, what a tourism killer.
"Who provides the funding of the studios?" Answer: China
I never cease to be amazed at the depth of your research ! Such good quality ! Kudos
Welcome back, we missed you. Great video as always. I'm an accountant and these things are incredibly interesting. 100% spot on with your facts and descriptions.
I think we can all agree that kinetic typography is a horrible thing that must end right now. Your content is of great quality, it doesn't need distractions to hide an actual lack of content, it is full of it.
Huh, there was just a Tom Scott video about the disclosure stuff. Interesting.
Cool, now I know the name of the typography animation style that really distracts from interesting videos.
Wow he isn't dead Cue 0:06 "Impressive definetely, Suprising probably not"
"In Massachusetts for example..." we have the state capital of Texas. Is this a Road Trip reference where characters get confused between Boston and Austin?
@Adhithya747
3 жыл бұрын
Noticed it too 😅
@ErikPT
3 жыл бұрын
A yes Texas we swapped with New England.
Tom Scott recently put out a long video going into much more details about the discrepancy between TV/film and influencers regarding the need to declare sponsorships, for anyone that's curious :)
Glad to have you back, mate.
I might have called this video How Jack & Jill needed a budget of 80 million. But your title is clearer.
"Disney makes great movies" spoken in the context of "The Last Jedi"? Seriously, dude... seriously?!
@jcoludar
3 жыл бұрын
Yeah, that's a good one to pick up on :) Nicely done!
New typography is nice, but you are overdoing it a bit 😅
This upload come when we needed it most
Love your channel, but when using the 15 years of global box office revenue and NOT adjusting for inflation (which in developed economies that watch movies is ~40% over that time period) is quite disingenuous. I understand why you use the data as it is, but I feel that a simple casual "but nearly half of these gains are lost to inflation" would solve the issue.
@CRegensche1n
3 жыл бұрын
This happens way to often... and all too often when adjusting for inflation things look brim
A video on Hollywood, interesting indeed, Then I can guess that next video will be Economics of digital streaming (like Netflix and Disney+)
EE: Hollywood will probably never make a movie about Hollywood accounting. The Producers (1967, 2005) has entered the chat.
@jeffreypierson2064
3 жыл бұрын
That is Broadway accounting.
i hit LIKE in like 2minutes of almost all EE videos. its just very pleasing to watch this channel's videos
When EE mentions the economics of 20$ popcorn! You sir, you deserve a medal
Please stop this new style of editing, the old one was just great
The fact that Disney can force those pricing agreements makes them a monopoly at least in spirit. It does point to the fact that many of our largest dominating companies (which are acting like monopolies) are there because the public wants them so much. Amazon, Google, Disney; thei all succeed because they give the consumers what they want. But they also do (or at minimum threaten) great damage to the society through their outsized control. I'm not sure how to address that.
Love this video, nice to see the cool new graphics. Keep up the awesome videos so we can keep watching!
Dude you made the best Skill Share ad I have ever seen. They should make that into an actual ad they run on other pages! Nice drawings bro!!!
Me: Wandering around KZread E.E: Hello there Me: *Intense hyperventilation in excitement*
@Economics Explained will you make an episode in which you explain what your research method is and the sources that you usually use to create the incredible content you make! Thank you!
Been waiting for you
Finally!!! Welcome back 🥳🥳
The funny New Zealander is back, he's not dead!
Loving the refreshed looked mate! Will there be a Hollywood sequel!?
@EconomicsExplained
3 жыл бұрын
haha we will see my friend, hopefully I can turn it into a franchise, that's where the true tendies are these days.
He's back! I love hiking the Hollywood sign. It's really fun
Love the new animations and nice to see you again
Saying Disney isn’t a monopoly is an absolutely insane take
@lilbaz8732
Жыл бұрын
In 2019 (pre covid) disney made 10 movies. 792 movies were released in the us and canada. Disney are not a monopoly (single seller). They just have a huge box office because their films are very popular.
@kassiogomes8498
Жыл бұрын
You don't understand the meaning of monopoly
@mistermiles3271
Жыл бұрын
Monopoly doesn't mean big company, in means a company that controls most of the market. IE, Google has a search engine monopoly. Most of the movie industry is consolidated into a small few studios, but none of those studios on their own rises to the level of a 'monopoly'. If you went to a movie theater rn, and counted all the movies being shown, Disney would probably constitute ~30% of the films. It's a huge share and a lot of control, but plainly calling them a monopoly is an absolutely insane take
Excellent video, as always! Fantastic quality and research, but I do agree that the kinetic typography is kind of distracting. I like the animated graphs quite a bit though!
This. This is the video I needed.
I m really happy you are back I was checking your other channel and those channel were also dead which made me worry what happened
@EconomicsExplained
3 жыл бұрын
Thanks for the concern mate, I was just taking a bit of time off for myself and also to work on new charts and graphs for the video's.
kinetic typography is cool n stuff but like, maybe for a video when you've sniffed the magic economics dust from wallstreet
0:47 , 3:53 , those parts are intense and maybe too much but I like the moving graphs and other parts :) thx for the nice video
I've been keep coming back to your channel looking if I missed a video. Where were you? We missed you bro :D I learned so much from this channel about economy of everything. Keep up the awesome work
Thanks for the added animations. Your videos are much easier to follow now.
What a madlad! He learned Kinetic Typography and Drawing on Skillshare while he was away just to be honest about his sponsorship.
18:36 I assume you haven't watched a Disney film from this decade.
Welcome back EE, missed ya
Nice to have you back Mr.EE.
Why is nobody talking about Cruptocurrency at this moment? It's on a bull run and a lot of people are defintely gonna miss out on that just like the last time
@hatsapp4108
3 жыл бұрын
Bitcoin Trading is the best thing I've ever done since the inception of Cryptocurrency
@sardardonald739
3 жыл бұрын
@Joanna Maidlow Yeah no doubt the crypto market has earned me alot you just gotta understand the market
@alexanderhamilton2252
3 жыл бұрын
Crypto is the new gold
@chrisremero3277
3 жыл бұрын
@@alexanderhamilton2252 Yeah investing in crypto is a big chance to make money nowadays
@santiagojose4934
3 жыл бұрын
@@chrisremero3277 I've got interest in investing but afraid of doing it on my own to avoid loss from my end
The animated words are awful, this is almost unwatchable
@scottkirby5016
3 жыл бұрын
i just had to treat it as a podcast
Best video I’ve watched on YT in a while
This is the video I was looking for years,more love form 🇺🇬
Good video. Just my feedback, don’t use those fast moving title transition screens. They are distracting and make me a little uncomfortable. Your videos pace is quite slow so why use fast transitions like that?
I'm sorry but that ending point was terrible. They don't have to be a monopoly to act monopolistically.
@fernandocampos8394
3 жыл бұрын
I think they’re just using they’re leverage that they gained from buying strong IP maybe if they wouldn’t foreseen that leverage then they wouldn’t have spent as much money in the film as they did and so the consumer doesn’t get a better produc
Welcome back, Mr. Economics man!
hey mate, your one of my favourite channels on youtube. thanks for the content!