According to an article in The Hollywood Reporter this year's revenue from streaming movies will eclipse the revenue from dvd sales.
For all of us who love noir, as well as other older films, this can't be good news. The cost of restoring, what usable 35mm prints that can be found, added to the cost of manufacturing and distribution makes the opportunity for profitability increasingly difficult.
As a result, it seems inevitable that when dvd sales decline so will restoration efforts. Right now we are fortunate in having the Film Noir Foundation, Warner Archive, Criterion, Kino, Olive, Screen Archive, and Timelss Media helping to satisfy our desire for these older films.
But, for how long can this go on? There will seemingly be a point where the general buying public will decide to wait until a film is offered by a streaming service rather than having to actually buy the film.
As much as I appreciate the availability of older films offered by streaming services, they usually are not near the quality of a dvd or blu-ray release of a restored film.
We may, in the not too distant future, find ourselves in a situation where dvd production drops dramatically and those who own the rights to older films will turn to streaming services as their primary avenue for sales.
This will drive the cost of streaming films up for the services themselves and this cost will be passed down to the users.
It seems like the end result will be fewer quality release options available for these films and increased cost just to view them.
What do you think?