FEED: Is Hollywood going to remain the centre of the entertainment universe?
RR: A survey that came out last year asked young people to list their top forms of entertainment: TV and movies came in fifth. Even what Netflix, Amazon and
“TV AND MOVIES MAY NOT BE WHERE THE FUTURE LIES. BUT HOLLYWOOD IS NOT SERIOUS ABOUT GETTING INTO THAT NEW WORLD YET”
Apple are doing is still pretty much traditional TV and movies.They’ll take more risks with genres and do some adventurous things, but when you turn on Netflix, it looks like what you recognise as TV shows.That may not be where the future lies. But Hollywood is not serious about getting into that new world yet. One producer told me something I think is very true: the company with the greatest appetite for failure will win.The one willing to make the most mistakes and do the most outlandish things will succeed. If you don’t have an appetite for failure, do not come
to Hollywood. If you’re not ready to start losing at the billion-dollar level, you shouldn’t be in Hollywood for the streaming wars.There will be some spectacular failures, but the people who are willing to make them will have the successes, too.
IN THE KNOW Janice Min has a shining career in journalism behind her, including the revitalisation of The Hollywood Reporter
FEED: The Ankler has just got a huge boost, with new funding and Janice Min coming on board. What’s next?
RR: A year ago, I was approached by Janice Min, who was a legend of media
happen, but Janice is an amazing force. She got us investment and now we’re a real company. We’re building up and will be starting new
and publishing, and created the
modern Hollywood Reporter . She had been following The Ankler and wondered if you could build up this grassroots following into something
editions to take on different facets of the industry, with a
constellation of newsletters. It’s been exciting launching it. It’s a lot of work, but we’re going to try to do something big here.
bigger.We talked about it for around a year, and I didn’t know if anything would
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