Studios Make Bigger Push for Digital Sales
For years, studios have been betting that online distribution of movies and TV shows would turn into a robust business. Instead, they barely budged. A few years ago, Walt Disney Co. began pushing out its movies online at the same time that the DVDs became available. Many others have followed suit.
Online movie sales will bring in just $237.7 million to studios this year, calculates Tom Adams, president of Adams Media Research. That compares with the more than $10 billion that will go to studios from sales of DVDs and Blu-ray discs.
Source: WSJ Online
