Though blockbuster films like Star Wars: Episode VII — The Force Awakens have raked in worldwide box office receipts in the billions, the big news from Hollywood often revolves around the decline in attendance at movie theaters. This is largely blamed on the rise of viewing options at home, with former theatergoers often choosing to wait to see new films on their 40-inch TVs rather than that 6-story tall IMAX screen.
Changing technologies and social habits are often hard to predict. MTV did not, in fact, kill the radio star, but the market has evolved and expanded with online music streaming, digital downloads, YouTube videos, and more. The new story for home viewing is that the studios’ lucrative DVD sales have taken a hit ...
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