For years, we've been pointing out that disc-based media was on the way out, but for the industries (mainly music and movies) that make money from selling those discs, the allure of the cash cow was too strong. They've done little to plan for a future without disc-based media -- which is why you see the recording industry in such a freakout these days. In the meantime, the DVD world wasn't much better off. DVDs could have been saved if they'd agreed to a new format early on, stuck to it, and worked on continually adding new and interesting features that made the DVDs, worthwhile -- but instead they've been stuck in a pointless standards battle where no one will win. Thanks to that, it appears that DVDs are starting to follow CDs on their inevitable sales decline. While there may be whining and complaining about how this damages the movie industry, that's not the case at all. The demand for movies is still quite high -- and if the movie industry ever figures out how to stop treating its customers like criminals, perhaps it will come up with business models that work.
If you liked this post, you may also be interested in...
- Here's A Taste Of What Publishers Will Do If First Sale Rights For Foreign Goods Disappear
- DMCA Exemptions Announced; Exemption For DVD Ripping Rejected; Phone Unlocking Going Away
- The DVD Is Dying. Hollywood's Plan? Do Nothing And Cede Ground To File Sharing
- Warner Bros. Sues A Ton Of Amazon Resellers For Selling 'Counterfeit' DVDs
- NZ Judge In Dotcom Extradition Case Speaks Out Against TPP & US Copyright Extremism