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Here lies the central irony of the modern age: Can something be truly "popular media" if it is exclusive?
Consider the 2024 phenomenon of the Taylor Swift | The Eras Tour concert film. Originally, Swift negotiated directly with AMC Theaters, bypassing traditional Hollywood studios. The film was an exclusive theatrical event. It made over $250 million globally. Was it popular? Absolutely. familytherapyxxx220406josietuckerinbedx exclusive
But contrast that with Netflix’s Glass Onion. The film played in theaters for just one week (exclusive window) before moving to Netflix. According to surveys, only 40% of the US population had seen it three months after release, but 80% had heard of it. In the exclusive era, social awareness has replaced broad viewership as the metric of popular media. Here lies the central irony of the modern
You don’t have to watch House of the Dragon to participate in the meme culture surrounding it. Exclusive content has created a class system of media: the "Haves" (subscribers) and the "Have-Nots" (the unsubscribed). The Have-Nots still participate in the cultural hype, creating a vacuum of desire. That desire is what drives new subscriptions. In short: Popular media is now the advertising for exclusive content. The film was an exclusive theatrical event
In the industry, "churn" (customers canceling their subscriptions) is the enemy. The only proven defense is a steady cadence of exclusive hits. When Netflix releases a Squid Game, churn drops 25% that quarter. Exclusive content is no longer about art; it is a financial instrument used to retain equity.
How does this shift affect the artists, writers, and directors who actually make the popular media?