Hollywood is tryinghard not to get thrashed like the music industry – now they are cutting deals for digital movie distribution in sales and rentals:
Online video streaming and digital downloads should nearly triple to a $753 million North American market in 5 years, still a 5 percent sliver of DVD sales in 2008. But, analysts said, with disc sales dwindling and online viewing exploding, that gap will shrink.
Studios get more than 70 percent of the price of an online rental at websites such as iTunes, compared with a third of that price in a store, said Tom Adams, founder of Adams Media Research.
Hollywood warming to Internet as DVDs begin to fade | Reuters
