I wonder whether Netflix and similar distribution platforms will result in more/faster crosscultural hits? They’ve got a far, far easier time than most content producers in getting content from Market A to Market B and built-in distribution, and they can translate down the tail.
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(This factor is one reason why Americans love anime and why Japanese people love American TV dramas; the high cost and gatekeepers keep each audience from seeing anything below the the top 5% of each others’ output.)
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Ah, it's the Alchian-Allen Effect! I never thought about how it applies to TV shows, that's fantastic https://en.wikipedia.org/wiki/Alchian%E2%80%93Allen_effect …
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