- The film industry is underestimating the threat that digital downloads pose to its traditional revenue streams from sales of physical media such as DVD and Blu-ray movie discs, claims the founder of download service iLoaded.
The issue is in the news this week, following reports of the imminent UK launch of movie downloads via Apple's iTunes store and the continuing and increasing growth of user-friendly, legal movie download services from companies such as LoveFilm and iLoaded.
"The DVD is only 10 years old and yet the doom merchants are predicting it could join the likes of VHS tapes," reads a report in today's Media Guardian, adding, "even DVD industry insiders admit the format may eventually die out.
The report continues: "Yet they argue that the collectability of box sets, the convenience of re-watchable discs and the relatively slow growth of downloads mean there is still plenty of life left in the little silver discs."
DVD box-sets and gifts
British Video Association (BVA) boss Lavinia Carey, still claims that consumers prefer to own physical copies. And to give them as gifts.
"Particularly," Carey insists, "for TV shows, people love the boxed sets; they love to have the collection and they love to be able to watch it when they want."