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Originally Posted by Nosferatu@Cult Labs  There'rs probably something in that, which is a little like what Uber seemed to be trying to do in London: under cut the black cabs, driving them out of business and then hike the prices.
I don't think Netflix and Amazon Prime are setting out to destroy cinemas, or mainstream TV, but perhaps massively downgrading the market for physical media (DVD, Blu-ray, Ultra HD) is one way of driving people to stream more and buy less. That way, they create a monopoly they control. |
I know one knock on affect is that it's severely damaged the market for riskier mid budget films and is certainly jepordsing the restoration of older films. Physical media offered a way of recouping that cost.
I suppose paid digital downloads might go some way to replacing that, however what's the upper limit for pricing on that?