This astonishing clip demonstrates that the days in which you needed the GNP of a small country to make an effects-heavy blockbuster are coming to an end. The clip supports my contention from a few days ago that the balance of power has shifted quite dramatically in the film industry.
In my previous post, I mentioned that big time film and television artists will start creating their own media companies, owning every step in the production process and eliminating the parasitic middlemen called studios. Apparently, this process is already underway. Artists and writers are teaming up with geeks to create their own production partnerships, entirely independent from the studios.
The time is ripe for a bottom-up reinvention of the film and television industry. Both technology and society have evolved exponentially since the last writers' stike, way back in 1988. The current writers' strike is the biggest mistake the AMPTP has ever made, and the blowback could prove fatal.