A more simplistic framework is establishing itself, an increasingly limited, binary option: either the studio model, mostly focused on pre-sold intellectual property and franchise blockbusters, or the financialized model, in which wealthy investors seek profit or status or both by sponsoring filmmakers who fit their objective. In an era of low interest rates, high wealth inequality, financial liquidity, and Wall Street speculation, the structure of the industry is transforming, including its margins.

DEFINE: The studio model and financialized model are the two frameworks being named and contrasted.

Andrew deWaard, Derivative Media, loc. 267