The Appetizer
As digital distribution continues to increase in popularity with consumers, movie studios are increasingly looking for ways to redesign their revenue models in order to maintain profitability. This article discusses a number of methods that are being used.
The Dessert
The significance of this article is that it shows just how much of an impact digital media is effecting the traditional industries. The altering of release windows, and a standardized digital format have been the primary areas of focus. Clearly with 250 different digital formats, there is definitely a need for standardization. Having one format that everyone agrees upon, similar to mp3s in music, will definitely help in their efforts to streamline the process and cut costs as well. In terms of the release windows, that is definitely a balancing act, as their efforts to increase profits in one area could ultimately decrease profit in more established, and currently more profitable, sections of the market.
The Overall Meal
4 Stars!
The Doggybag
What do you think the dominating format(s) will ultimately be?
Please place your response below.
Let the convos begin!