Tuesday, December 07, 2004

MGM Chief: Content's still king

via Yahoo! News:
"In a wide-ranging talk, Yemenidjian[Alex Yemenidjian, Chairman of the Board and Chief Executive Officer at
Metro-Goldwyn-Mayer Inc.] argued there's plenty of growth left in the DVD revolution, that high-capacity DVRs will hobble the TV syndication business and that Hollywood's film download service MovieLink is failing -- but that's a good thing. "

"The high-capacity DVR, however, is a huge threat to the film and TV biz. As disk storage becomes cheaper, with drives able to store 500 movies or TV episodes, consumers will use them as home media servers, decimating the DVD and TV syndication business."


Read more

No comments:

Post a Comment