Comment Music Industry parallels (Score 1) 1162
I remember ripping my CDs to mp3 when it took 12 hours to rip and encode. Just about the time it was getting down to an hour per disc I could purchase mp3/aac online. I've purchased maybe 3 CDs since that time. My 80 GB song library is now about half/half CD rips and online purchase. The CD format is what, 30 years old now? And is the last physical medium for audio. When CD came out it was 10 years before cassette tapes weren't sold alongside them.
Now I rip my DVDs and BluRays to mkv/m2ts. A couple years ago it took 8 hours to rip and encode a bluray. Now I can rip/encode in 1 hour. I can also purchase digital copies of movies and tv shows online. I think the pricing model is still too high for now, and I hate streaming options - I want all my library available without having to pay again. (Amazon mp3 in the cloud sounds better - give me video on there with no storage limit for stuff I purchase from Amazon and we are there!)
Soon, however, we will be thinking back on when BluRay was released as the last physical medium for video.