What a great response! In short, consumption is not the same as commission. People are consuming, but are they consuming new things? Are they consuming good things? If TikTok shares count as art, do retweets count as scholarship?
- Disney+ hit its first profitable quarter since 2019. Streaming in general has been bad news for the TV & film industry. Remember the historic writers and actors double strike just last year?
Social media does involve a lot of recycling. A lot of it plagiarism and appropriation for capital gain. I will address this in "Art as Pleasure" so tune in for that!
Also, I wouldn't include sports watching with art. I wouldn't totally exclude it, but arts programs and sports programs are usually separate. This is why it's so novel when the quarterback does the school play.
What does all of this mean? It means health. Faster and cheaper is almost always more toxic. If everything is going up as your report, why is emotional health not mirroring that?
Regarding that Ted Gioia article - The article refers to a LA Times article, which then refers to a report from ProdPro (https://prodpro.com/blog/q2-2024-global-production-report/), which reports "a 22% increase in the number of projects actively filming in Q2 2024 compared to the same period last year". They also note that production in the US is down 37%, but only compared to a very recent peak in 2022. I've searched for but cannot find any similar pre-covid data, perhaps you can. But comparing budgets today to a very short period of time when covid restrictions were lifting and there was pent up demand (and budget) for content, perhaps isn't fair. Comparing today to last year shows tremendous growth, while comparing to the hear before shows a tremendous decline. How does the budget today compare to 2018 or 2019?
Regarding the layoff article - it's about a playhouse that laid off... 5 people. The fact that investment in arts is substantial and growing doesn't mean that every single artist or entertainer or company producing art/entertainment will find success every year. Even if live theater declined 10%, in the context of exploding demand in other sectors it's not fair to say that society isn't investing in or patronizing art.
Regarding social media - I wouldn't suggest that liking or sharing represents producing art. But making the video, or taking the picture does. Do you disagree with the statement that there has never been a time in history when a greater percentage of people have spent a greater percentage of their time producing art and entertainment?
I'll look into comparing the data. You may be inspiring another post. But I think you're being selective with the data I shared with you. I gave you TWO articles. The first one that laid off 5 people is one of the top Off-B'way theaters in NYC (so top in the country). The layoff announcement came on the heels of them winning Best Play (contra to your Darwinian view, the best don't always survive). The second article was about other theaters: the Public laying off 19%, Center Theatre Group laying off 10%, and BAM laying off 13%. And there's more (https://www.nytimes.com/2023/07/23/theater/regional-theater-crisis.html)
Regarding your last question, I don't disagree, just as I don't disagree that it's easier than ever to get a burger. You can certainly trick your tastes to be fine with eating Big Macs all day, but you can't trick your heart.
Enjoyed the article. Loved the diagram. Turn this into a short book =).
Oh you know it. I'll be looking for your commission when the time comes.
Love your passion for this, brother.
Love your support, brother.
According to PWC there was growth in spending in video games, music, tv, cinema, radio, and book publishing between 2016 and 2020. The only segments that were down were magazine and newspaper (https://prnewswire2-a.akamaihd.net/p/1893751/sp/189375100/thumbnail/entry_id/0_5awv8ce3/def_height/2700/def_width/2700/version/100012/type/1). TV and film spending is $150B in the US annually and $220B globally, and growing by 16%/year (https://www.visualcapitalist.com/sp/trends-in-film-and-tv/), art auction are another $8B annually (https://www.statista.com/statistics/885758/sales-at-public-art-auctions-in-the-united-states/). Every major sports league in the US has seen significant growth in recent years, the NFL alone generated $19B of revenue and is expected to grow to $25B by 2027 (https://www.sportico.com/leagues/football/2023/nfl-revenue-whats-next-1234708609/). Live music is setting revenue records for $23B in 2023 (https://read-vip.variety.com/html5/reader/production/default.aspx?pubname=&edid=98a1d111-ebc7-4a47-bb3d-c7a1f49de551). And most importantly, almost every social media site is in the "beauty" business. Facebook, instagram, pinterest are all photosharing. Tictoc is videos of people dancing. Youtube has turned millions of people into their own TV producers. More people than ever before in history are not only consuming beauty, but producing it themselves, and the numbers grow every year.
By what measure is beauty not being invested in by society?
What a great response! In short, consumption is not the same as commission. People are consuming, but are they consuming new things? Are they consuming good things? If TikTok shares count as art, do retweets count as scholarship?
I wonder how these stats compare to others.
- According to Ted Gioia, film and TV production is down 40% compared to 2022. Recording studios in LA are folding from hundreds of top-quality one to just 10 (https://www.honest-broker.com/p/the-slow-painful-death-of-the-socal).
- Historic regional theaters are shuttering, and even NY ones are laying off hundreds (https://www.broadwayworld.com/article/Layoffs-Hit-Playwrights-Horizons-Off-Broadway-Birthplace-Of-Broadway-Hit-STEREOPHONIC-20240627?fbclid=IwY2xjawEXO7JleHRuA2FlbQIxMQABHYc8V7jKxmICnIhNbyUGU7wqBh4SEP7o25MCK9tlyvG4ndlh0MgITEwUcQ_aem_PUUPH4MqABu7FXyYrMVFVw ALSO https://playbill.com/article/off-broadways-public-theater-lays-off-19-of-staff-citing-rising-costs-and-falling-revenue).
- Disney+ hit its first profitable quarter since 2019. Streaming in general has been bad news for the TV & film industry. Remember the historic writers and actors double strike just last year?
Social media does involve a lot of recycling. A lot of it plagiarism and appropriation for capital gain. I will address this in "Art as Pleasure" so tune in for that!
Also, I wouldn't include sports watching with art. I wouldn't totally exclude it, but arts programs and sports programs are usually separate. This is why it's so novel when the quarterback does the school play.
What does all of this mean? It means health. Faster and cheaper is almost always more toxic. If everything is going up as your report, why is emotional health not mirroring that?
Regarding that Ted Gioia article - The article refers to a LA Times article, which then refers to a report from ProdPro (https://prodpro.com/blog/q2-2024-global-production-report/), which reports "a 22% increase in the number of projects actively filming in Q2 2024 compared to the same period last year". They also note that production in the US is down 37%, but only compared to a very recent peak in 2022. I've searched for but cannot find any similar pre-covid data, perhaps you can. But comparing budgets today to a very short period of time when covid restrictions were lifting and there was pent up demand (and budget) for content, perhaps isn't fair. Comparing today to last year shows tremendous growth, while comparing to the hear before shows a tremendous decline. How does the budget today compare to 2018 or 2019?
Regarding the layoff article - it's about a playhouse that laid off... 5 people. The fact that investment in arts is substantial and growing doesn't mean that every single artist or entertainer or company producing art/entertainment will find success every year. Even if live theater declined 10%, in the context of exploding demand in other sectors it's not fair to say that society isn't investing in or patronizing art.
Regarding social media - I wouldn't suggest that liking or sharing represents producing art. But making the video, or taking the picture does. Do you disagree with the statement that there has never been a time in history when a greater percentage of people have spent a greater percentage of their time producing art and entertainment?
I'll look into comparing the data. You may be inspiring another post. But I think you're being selective with the data I shared with you. I gave you TWO articles. The first one that laid off 5 people is one of the top Off-B'way theaters in NYC (so top in the country). The layoff announcement came on the heels of them winning Best Play (contra to your Darwinian view, the best don't always survive). The second article was about other theaters: the Public laying off 19%, Center Theatre Group laying off 10%, and BAM laying off 13%. And there's more (https://www.nytimes.com/2023/07/23/theater/regional-theater-crisis.html)
Regarding your last question, I don't disagree, just as I don't disagree that it's easier than ever to get a burger. You can certainly trick your tastes to be fine with eating Big Macs all day, but you can't trick your heart.
haven't seen this before, thanks for sharing! The chart is very helpful
Spilker with quickness. Glad to be helpful!