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The record recently set by Hollywood did not pertain to the industry as a whole (which is what you assert). It pertained only to box office revenue, which is si
by alexqgb 14y ago
The record recently set by Hollywood did not pertain to the industry as a whole (which is what you assert). It pertained only to box office revenue, which is simply one source of income among many relied on by producers to recoup the costs of their productions.
Moreover, the 'record' isn't really a record at all, in that it's measured in dollars that haven't been adjusted for inflation. The moment you start comparing apples and apples, it turns out that Hollywood's best year at the box office was 2002.
As an aside, those familiar with the development of digital video, the practice of DVD ripping, and the infrastructure for online exchange, will recognize 2003 as the point where pirating movies switched from a theoretical possibility to a technologically feasible proposition.