Thursday, January 23, 2014

Paramount movie studio now releases movies only in digital form to consumers


While it's no secret that film-based movie distribution won't last much longer in the US, the big Hollywood studios haven't officially completed their transition to digital. Just look at all the Black Friday sales at Big Box stores that had DVD's and Blu-Ray DVD's at ridiculously low prices this year. That coupled with the fact that Netflix accounts for 1/3 of internet usage from the hours of 7pm to 11pm in America Monday through Thursday.  Those two trends show that physical movie media, once like the CD in music, is slowly not becoming the popular choice for households these days.

However, one of them may have quietly made that leap -- sources for the LA Times claim that Paramount is the first large studio to send its major movies (not just smaller flicks) to American theaters solely in digital form. Anchorman 2 was reportedly the company's last high-profile analog release, while The Wolf of Wall Street was the first to go all-digital. Paramount hasn't commented on the apparent leak. If the report is accurate, though, the 8 percent of US theaters without digital equipment now have little choice but to upgrade if they want to offer the same selection as most of their peers.

Source: LA Times;

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