Hollywood DVD Sales: Are the Good Times Gone?By
Is the DVD party over for Hollywood? Probably not yet. But the days when movie studios could reliably count on money gushing in from DVD sales could fast become a thing of the past, at least if Walt Disney (DIS) CEO Robert Iger's thinking is correct. During a conference call on Feb. 3, when Disney reported weak quarterly results, Iger became the first studio executive to acknowledge publicly that sluggish DVD sales may be more than simply a bad recession sapping retail sales. "We have been taking a hard look at this business for a while with the belief that as the consumer choice grows," consumers will "simply be more selective" about what they choose to buy, Iger said.
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