What exactly are they scared of? Amateurs taking over professionals?
Can't see that happening as the public directs most of their attention to the professionals. On the other end of the spectrum, all of the talent and creativity go where the money is.
The current content producers are scared that people can produce the same content for cheaper.
This means if something is a blowout hit then it isn't the studios pocketing the money. The barrier to entry to a "professionally" produced show is a studio, good cameras, good editing, lighting, etc.
Can't see that happening as the public directs most of their attention to the professionals. On the other end of the spectrum, all of the talent and creativity go where the money is.