The Shift to Authentic Media

Being impressive does not necessarily cultivate impressions. We are currently in a landscape where the barrier to entry to make highly engaging content has never been lower. Consumers are taking advantage of this from both the supply side and the demand side.

The most influential and successful creators in today's landscape often aren't really creating anything complex; rather, they are curating vibes and communities. Everything is centered around their personality behind the camera—not grand-scale productions, CGI, or celebrity cameos. It is just them being themselves.

Why Legacy Media Is Losing Ground

This shift explains why legacy media is losing its grip on the masses. It is also why YouTube has overtaken traditional streaming services as the number one destination for consumer attention, solidifying its place as the biggest platform in the world for the creator economy.

I have talked in the past about how the convergence and consolidation of creators within legacy media networks is the next frontier. However, I also think legacy media companies desperately need to rethink their foundational business models.

The Lesson of the 2026 Box Office

The 2026 box office has been incredibly successful, on pace for its strongest post-pandemic year on the back of a more varied slate that includes widely acclaimed original stories. This proves that the masses still love premium entertainment. But the bigger takeaway is that this appetite for originality and fresh faces relies on the exact same principle that keeps independent media king.

An audience watching a film in a theater
The theater remains a destination when the release feels like an event.

Instead of allocating hundreds of millions of dollars into IP exhaustion and green-lighting stories that lack initial audience validation, perhaps those funds should be reallocated. Legacy media should focus on cultivating new creators and putting those creators at the very epicenter of the new content being made.

The prospect of more creator-led initiatives is super enticing to me. Imagine streaming services with dedicated Creator Centers, where viewers can explore hubs comprised exclusively of creator content. They would offer a new value add for subscribers, mitigate churn caused by creator affinity on social media apps, and satisfy the growing appetite for fresh content—all while allowing studios and providers to dramatically save on production and prestige-licensing overhead.

I also find the prospect of interweaving creators into tentpoles attractive for audience migration and attracting otherwise uninterested viewers into becoming window shoppers. There is a reason influencer supporters are called followers: they follow their favorite creators wherever they go. That is an opportunity for streamers to earn new subscribers at a time when the ceiling of opportunity can feel like it is continually shrinking.

Annotation · The 2026 Box Office

Reuters reported domestic box-office revenue of $6.2 billion through August 2, 2026—up 15% year over year—and attributed part of the growth to a broader slate that included non-franchise successes such as Obsession and Project Hail Mary. The recovery is meaningful, but the same reporting notes that attendance remained below 2019 levels, making the case for a more varied, audience-building content strategy rather than treating revenue growth as a complete return to the old model.

Read the Reuters reporting