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Welcome to the age of media convergence, get use to it because it's likely to be around for a very long time.
Why it's so bad in mainstream now has to do with what happened in 2000. The final phase where Viacom, Liberty and a slew of other corps completed merging their buyouts.
It was a time when Hollywood lost a lot of its finest creatives. It's not about creating great entertainment any more it's about making and remaking cheap ass garbage like reality and talk shows etc... I know of at least a dozen artists that went back home to Mexico, Germany, England, Japan, Ireland, China and few I can't remember.
There's still some of the best creatives in the world in Hollywood but there's very little entertainment where they can rocknroll and move an audience. They would of left also but they had families to feed.
I get a call every week from one those that stayed trying to sweet talk me into coming back. It's always a good laugh. Here's what it's like now, one friend tells me that a project that paid a $150,000 in 2000 is only worth at best $40,000 today.
Another friend tells me that Paramount has owed him $90,000 for six fucking months... I use to get a check within two weeks after sending a bill to Paramount, they were the best.
Another friend says he's losing his mind because the major networks owe him over 2 million dollars, his payroll is about $100,000 a week, he's running the company off lines of credit that is costing him $20,000-$30,000 a month in interest.
Go have a look at the companys that viacom owns and click on those companies and see who they own etc..
The only chance for recovery is if a company like newline can continue to hit big for long enough to be able to take back some of what VIACOM has destroyed.
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