Losing money? How's this for loss: "About 250 executives from Hollywood studios and home-electronics companies gathered at the Bellagio in Las Vegas earlier this year to toast their soaring fortunes, thanks to the phenomenal success of the digital video disc. Major studios sold a stunning $9.4 billion worth of DVDs to retailers last year, proof that DVDs now bring in a majority--52 percent in 2003--of Hollywood's revenue." (Newsweek July 5, 04)
So isn't THAT a hoot. These are same maroons who fought videotape under the premise that it would RUIN Hollywood (sorry, there are more than enough folks making crappy movies to do that already). But VHS opened up a multibillion dollar business expansion for them. DVD only speeds up their revenue machine. And now they're fighting DVD tooth & nail (i.e. buried 321 Studios, r.i.p., etc.) and continue to beat on every other possible means of DVD fair use.