Digital Age creates profit loss for Video Industry
Categories: The Future
The Playstation Store can be accessed from the PS3 gaming console
According to an analyst at Lehman Brothers, one of the largest investment firms in the world, the video entertainment industry will soon fall victim to the digital age much like the music industry.
Anthony DiClemente said that, “Shifts from physical to digital will disrupt the marginal [...]
The Playstation Store can be accessed from the PS3 gaming console According to an analyst at Lehman Brothers, one of the largest investment firms in the world, the video entertainment industry will soon fall victim to the digital age much like the music industry. Anthony DiClemente said that, "Shifts from physical to digital will disrupt the marginal economics of the TV and movie businesses, just as it did for music.” "To date, we have argued that until a capable video distribution player device finds a ... Read More
