Monday, November 29, 2010

Online Video is Killing the DVD Business, Not Cable TV

The DVD industry rose to a breathtaking level nearly as fast as any entertainment medium in history. The basic technology for the product was created in the early 1990s. DVDs were not available in the US until 1998, but it only took another five years for them to outsell VHS products.

After a short and spectacular run, the reign of the DVD is coming to an end, though. Global DVD sales dropped nine percent in 2009, for example.

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