I feel like this is one of those big moments that sputters into life – the end of ownership. At least, when it comes to DVDs.
This happened to music a few years back…I mean, who still thinks of owning music with CDs?
With Blu-ray sales slotted to decline in the next few years, the future is owning digital copies of movies not DVDs.
It will be interesting to see how this affects the ownership economy. So many people love their DVD collections, just as people loved their VHS collection and CD collections.
But, storing 20-30 digital movies can take up all your hard drive space, especially for high definition flicks. Whereas, keeping a few thousand songs on your computer didn’t hurt that much.
I bet there will be a race to super-size hard drives (especially on laptops) and build a business around movies in the cloud.
Like Apple is currently doing:
Apple and Twentieth Century Fox have reportedly come to an agreement that will finally make the studio’s films available via iTunes in the Cloud. When Apple made movies a cornerstone of the cloud-based initiative (which lets customers redownload previous purchases) earlier this year, the company only had deals in place with four of the “big six” studios — Universal and Fox were the holdouts. It didn’t take long for Universal to sign on and add its films to iTunes in the Cloud, but apparently Apple needed more time to hammer out a viable solution with Fox.
Now we’re able to confirm that Twentieth Century Fox titles no longer carry a warning that they won’t be available from iTunes in the Cloud following purchase. You’re free to delete them from your PC/Mac or iOS device and redownload at will, and the same movies can also be streamed from an Apple TV.
Source: The Verge