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After reading Chris Anderson's article entitled "The Death of the Blockbuster, Part IV", I realized that what he was indicating was true but I think that there is more to it than what he proposes. I believe that if people are able to download these blockbuster movies as opposed to going out and paying for them, they'll choose to download.
When it comes to movies, you can never tell if you will enjoy them just by watching the previews, so by having the ability to download these movies, you no longer have to spend money on a film that you didn't even like.
Yes, I believe that it also has to do with the prices that movie theatres are now charging but if there wasn't that possibility to download, people would still pay that $10 fee to watch the newest Will Smith movie because of the fact that it received such great reviews.
This link shows just how much revenue the movie industry has lost due to bootlegging, internet piracy, and illegal copying. The loss is in billions and most of their loss comes from University campuses where the students have no difficulties understanding the technologies and have an easy time finding these new movies and downloading them and then burning them on to a DVD.
All of what Anderson stated was justified but I believe that there is something deeper about the fact that movies and music are still as popular as they were before, however they are not being seen in the movie theatres or the CD are not being bought, and that has to do with the new technology and the fact that they can all now be pirated.
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