By 2003, the studios were taking in three times as much money from DVDs as they were from VHS videos (click here for the actual numbers). In this reversal of fortune, Wal-Mart replaced Blockbuster as the studios' single largest source of revenue.
Monday, January 9, 2006
Another must-read in the series on Hollywood economics from Slate:
Posted by Jon W. Sparks at 2:33 PM