Broadcast sources of video (and when I say broadcast I mean theater, cable, satellite, and DVD rental/purchase) are going to be around for a long time. To put it in perspective, current estimates of monthly consumption of Internet video is about 100 minutes a month. Current estimates of broadcast consumption of video are around 10,000 minutes per month. As I’ve said before, Internet video is the future and eventually it will dominate. But we’ve got a ways to go…
“But it could be years — 5? 20? — before downloading approaches the size of the DVD business. Sometimes, inertia can outlast technology long enough for somebody to build a very big business. And once a business gets big, it doesn't easily go away.”
BTW, the rental rates of “The Conversation” are additional proof of the reversal of release windows I discussed in the last post.