Moviefone has pronounced the DVD and Blu-ray formats dead. The only problem is the victims don't know they are deceased. According to the article, digital downloads will soon make the ability to own a disc of your favorite movie impossible. Although the studios make far less in profits from downloads than they do from DVDs and Blu-ray sales, there are upsides that include a tremendous reduction in overhead costs. The studios don't have to press, package and ship goods or deal with returns. Wal-Mart is already prepping for the changeover, partnering with studios to allow consumers to buy digital download versions of movies that can be enjoyed on almost any hi tech mobile device. Costs will be as low as $2. If Moviefone is right, we can say goodbye to all those great aspects to DVD collecting that classic film lovers enjoy, including those shelf-bending special boxed sets loaded with books, souvenirs, toys and other collectibles. However, there are some serious concerns regarding the digital format, including the fact that you don't actually possess your movies and you have to entrust them to a third party site to store them on-line. For more click here
