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Thread ID: 37307 2003-09-03 11:15:00 OT-CD's and DVD's are doomed! Kiwitas (514) Press F1
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172807 2003-09-03 11:15:00 IMHO,I don't believe the survey was big enough(6000) for predicting this percentage of decline so soon!but?

CDs and DVDs are doomed - so say those soothsayers at Forrester, who reckon that the "end of physical media is nearing" .

Forrester reckons that a third of all music sales will be made by downloads in the next five years . It also predicts that almost 15 per cent of films will be viewed by "on-demand" services such as cable TV rather than by DVD or video by 2005 .

Although this will "wreak havoc" with traditional retailers flogging and renting the stuff, digital downloads and on-demand services could give the creative industry a much-needed shot in the arm, concluded the report From Discs to Downloads .

"On-demand services are the future of entertainment delivery . CDs, DVDs, and any other forms of physical media will become obsolete," predicted Forrester analyst Josh Bernoff .

"Music and studio executives are finally beginning to understand that they must create new media services through channels that consumers will pay for . Consumers have spoken - they are tired of paying the high cost of CDs and DVDs and prefer more flexible forms of on-demand media delivery," he said .

According to Forrester, music sales are set to increase by more than half a billion dollars in 2004 thanks to online revenues .

Equally, on-demand movie distribution channels will generate $1 . 4 billion by 2005, while revenue from DVDs and tapes will decline 8 percent .

In both cases it seems that the rise in revenues is due to punters becoming more comfortable with online alternatives leading to subscription services taking-off .

Forrester's survey of 6,000 people found that one in five Americans downloads music, with half admitting that they buy fewer

Cheers,Kiwitas,;-)
Kiwitas (514)
172808 2003-09-03 22:09:00 I will still carry on buying/hiring DVD because of the captions on them .

Cable tv etc don't have captions (like Sky TV), they only have them if the movie is in foreign language .
caffy (2665)
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