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Despite record-breaking production volumes, the entertainment and media industry faces critical systemic challenges that threaten its long-term sustainability. Market Saturation and Audience Fragmentation Market Saturation and Audience Fragmentation The (e

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During the age of radio, network television, and theatrical films, the power lay in the hands of a few studios and networks. Entertainment was a "push" medium. A producer in New York or Los Angeles decided what 200 million people would watch on a Tuesday night at 8:00 PM. Content was linear, scheduled, and interruptible (by commercials). The consumer had three choices: watch, change the channel (to one of three other options), or turn it off.

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