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Moreover, the cost of producing high-end has become unsustainable. Stranger Things 4 cost $30 million per episode. The Rings of Power cost $465 million for its first season. The math is brutal: to justify those budgets, a show must be a global, multigenerational hit. There is no room for a mid-budget drama anymore. The streaming era has bifurcated into $200 million blockbuster series and $0 budget YouTube vlogs, with very little in between.

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: Encompasses major studio releases, independent films, and the growing world of documentary filmmaking. Moreover, the cost of producing high-end has become