Netflix has released a controversial presentation that charts the end of the physical DVD rental industry by 2030. That would make the next few years tumultuous for the content distribution and entertainment businesses.
DVD sales have been falling so sharply that some movie industry watchers see extinction around the corner for the format. But in less than a week, Avatar discs have rung up huge numbers. Is this a sign that DVDs will survive, or just James Cameron-generated fluke?
Perhaps no company has revolutionized the video rental business as much as Netflix. With over 90,000 titles and more than 11 million paying subscribers, Netflix is now the leading online DVD subscription service. But as costs rise and competition mounts, Netflix has got to make some changes. One of them: To beef up its streaming video business.
With piracy costing the $3 billion Indian film industry close to a billion a year, the Motion Picture Association of America and Indian film studios have teamed up in a new program to combat the problem.
Cheap digital video products were supposed to destroy the movie theater business, but for the first time since 2002, movie ticket sales have surpassed DVD revenue. Here's a look at what's driving the recent trend.
