The Blockbuster Syndrome

I started reading Lefsetz when I was still working in the pro audio industry. While not backed up with data, I still find his opinions interesting to consider. In this post since he seems to have changed his opinion lately. I found the quote interesting:

"But my main point is while you were at home plotting your assault on the Internet, growing virally from nothing to something, the entire game changed. The public became wary of wasting time, not only foraging for new entertainment, but finding out in most cases what they discovered wasn’t worth the effort. So people have retreated, they’ve come back from the wilderness and have set their eyes on what everybody else is paying attention to."