That’s because Hollywood makes movies, not videogames. You also spent a few hours driving but Hollywood hasn’t done anything about it because they are not in the business of making cars.

▲

jonas21 3 hours ago | parent | next [-]

They are substitute goods. A common failure mode is not realizing this until it's too late.

	▲	mycocola 3 hours ago \| parent \| next [-]
		They're entertainment, yes, but really not the same. I'll look for a specific game to play, I'll look for a specific movie to watch, and I won't play a game when I want to watch a movie.
	▲	lanfeust6 3 hours ago \| parent \| prev [-]
		Yes, and yet by the counts, Westerners watch more televised content than ever. If anything the substitute has been TV. Gaming is big, sure, but that doesn't appear to crowd out time reserved for watching media. I expect that the marathoner gamer who plays for hours daily is a comparatively smaller demographic.

▲

simonklitj 4 hours ago | parent | prev | next [-]

Well, sure, but they’re both in the entertainment space.

▲

bilbo0s 4 hours ago | parent [-]

I think I have to agree with HN User Blell here.

I mean, the NFL, at root, is in the business of entertainment also, and it makes more than Hollywood as well all in.

But why would Hollywood care?

	▲	justonceokay 3 hours ago \| parent \| next [-]
		It’s funny in tech it’s generally understood that that attention economy apps are in competition even though they ostensibly are not direct competitors. But when it comes to entertainment (the original attention economy) we don’t think of it in the same way.
	▲	dredmorbius 3 hours ago \| parent \| prev [-]
		NFL and related sport are, at least putatively, unscripted. Which might be raised in relation to gaming as well, but I'd argue that gaming elements share much more in common with cinema, particularly in the contexts of world design, character development, backstory, and of course, CGI.

▲

alephnerd 4 hours ago | parent | prev [-]

> That’s because Hollywood makes movies, not videogames

Not true. Most media conglomerates own both video game and movie production. The big players like Disney, Sony, Comcast, Universal, etc all have ownership stakes in video game companies and most TMT funds invest in both as a same bucket.

▲

blell 4 hours ago | parent [-]

Yes. Those conglomerates also do TV. But Hollywood makes movies, and not talk shows. Many of those conglomerates also have internet access businesses. But Hollywood doesn’t lay fibre.

▲

alephnerd 4 hours ago | parent [-]

"Hollywood" is a metonym/catch-all term for the media industry just like how "Silicon Valley" is for the tech industry and "Wall Street" is for finance.

▲

closewith 3 hours ago | parent [-]

Silicon Valley is a not a catch-all term for tech?

	▲	dredmorbius 3 hours ago \| parent [-]
		Metonym & Toponym <https://en.wikipedia.org/wiki/Metonymy> <https://en.wikipedia.org/wiki/Toponymy>. "Silicon Valley": As more high-tech companies were established across San Jose and the Santa Clara Valley, and then north towards the Bay Area's two other major cities, San Francisco and Oakland, the term "Silicon Valley" came to have two definitions: a narrower geographic one, referring to Santa Clara County and southeastern San Mateo County, and a metonymical definition referring to high-tech businesses in the entire Bay Area.[citation needed] The name also became a global synonym for leading high-tech research and enterprises, and thus inspired similarly named locations, as well as research parks and technology centers with comparable structures all around the world. <https://en.wikipedia.org/wiki/Silicon_Valley>