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Matt Damon explains how the lack of DVD sales changed what movie studios will greenlight
https://youtu.be/Jx8F5Imd8A8
Maybe I'm dumb but I just fail to see how moving to a streaming platform would actively prevent you from making original content. Like I get people aren't buying DVDs but they rent stuff digitally and pay to watch your stuff online. Maybe the distribution of money is way different? But I would imagine if anything it would be easier and cheaper to get stuff out in front of people's faces now. Like way easier. Instead of depending only on a theatrical release or possibly a made for tv movie or straight to dvd movie, you just get it on a streaming platform or hell even just YouTube or some random website. You can spend as much or as little as you want on it. What am I missing?
If anything I think they're just greenlighting all these remakes because it's easy money. People complain but they still pay out the ass to see it. If they didn't make money they wouldn't make them, plain and simple. I could be totally wrong here but that's just what it feels like
Streaming doesn't pay out per view, they just pay a lump sum up front to licence. If you're not already a hit, that lump sum will be low, and if millions of people stream the film it makes the studio exactly zero dollars.