jdhbb
Media and Entertainment sector has all kinds of bizarre economics cause it's used by the Telcos(check what AT&T and Comcast own in ME sector), the Tech firms (google/youtube, amazon, netflix, apple) to play empire defense and market capture games.
Demand is not decided by the consumer. Or marketing depts won't be getting the budgets they do for demand engineering from their tech and telco overloads. But all that free cash dries up or slows downs once the market capture phase is over which is what has happened with the end of the streaming wars. Disney, Viacom et al have realized they can't compete against tech platforms or telco subsidized shops on the distribution front.
Distribution has become free with global reach.
So we have Infinite amount of content floating about. Not even bringing generative AI into the picture.
So infinite growing Supply. Finite demand.