Streaming challengers are funded by finance, unlike past tech disruptions

Evidence

This is not the first time legacy Hollywood companies have been challenged by new technology; as mentioned, Hollywood’s history is one of initially resisting but eventually profiting from every technological advancement, from synchronized sound to television syndication to home video formats and into the digital age. Disney+, Max, and Peacock have now joined Hulu and CBS All Access (renamed Paramount+) as legacy Hollywood moves belatedly but aggressively into direct-to-customer (D2C) streaming distribution. History would suggest that streaming technology will be merely one more entertainment format that the Hollywood conglomerates eventually dominate, except this time, the challengers are well-funded by a financial sector that is chasing dwindling investment opportunities in a hollowed-out economy. — Andrew deWaard, Derivative Media, 313

Categorization

• XREF: The ‘hollowed-out economy chasing dwindling investment opportunities’ angle connects to the reader’s interest in finance-to-form causation - the premise that financial-sector backing is the novel variable in this disruption cycle.
• corroborated: 2 independent passages support this claim — Andrew deWaard, Derivative Media: How Wall Street…, 313