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Scene Stealer - For a Thrifty Audience, Buying DVDs Is So 2004 - NYTimes.com

written by pak on 11-23-2008. no reactions yet.
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"Does an economy in tatters slow down or speed up the shift to watching TV shows and movies on the Web and mobile devices? The entertainment industry doesn’t like the answer that is rapidly becoming clear: A global economic crisis almost certainly means a sharp acceleration in the move to new ways of consuming content, setting the stage for a new clash between consumers and studios."

"Most media companies are in a tighter spot. But James L. McQuivey, an analyst at Forrester Research, predicts that any renewed efforts by studios to dig in their heels will be futile. “At this point, slowing down the flow of movies and TV shows to new platforms would be a little bit like cutting off a drug from a junkie,” he said. “People want more, more, more.”"

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