The film industry, at times reluctantly, has embraced a series of new technologies over recent decades, and the disruptive forces of digitization always seem poised to transform what at heart is quite a conservative industry, locked into franchises, the star system (changing?) and dominated by a mere 'big six' companies despite all the changes.
As with cassette tapes, you may have been born after the VHS tape disappeared from the high street |
DVD meant they could:
- re-monetize back catalogue [long tail...]; just as the music industry got millions to replace their tapes/vinyl with (sonically inferior!) CDs so too did the movie industry make billions from VHS tapes being replaced
- the monetizing went further with editionalising: usually starting with a vanilla (movie only, perhaps a trailer added) edition, and leading over time to any combination of special, collector's, ultimate (etc) edition, not to mention director's cut, with commentaries and other extras to push sales, plus footage cut for cinema release
Geek.com headline, 2014. |