The document discusses how new media technologies have enabled greater creativity in media production and consumption. It notes that miniaturization of cameras and widespread internet access have allowed anyone to create and share media online. This has led to more individuals becoming media creators through platforms like YouTube, rather than just consumers. Both filmmaking and distribution have become easier and more accessible. While this has advantages like increased creativity, it also presents challenges like greater piracy opportunities and loss of control for some media companies facing more competition.