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Friday, June 25, 2010

If You Download Movies Online, Are Rental Stores Doomed?

By Bernadette Stanton

When a British entrepreneur unveiled the first legal service to Watch Twilight Saga Eclipse Movie Online for Free a few years ago, video store owners around the world began worrying about their future. Why, indeed, would a customer drive to a store when they can buy the movie they seek from their computer keyboard?

After all, average citizens all have a larcenous streak. Why not get something for free? A key reason is that downloading movies on the internet without paying is illegal -- a violation of a number of federal laws. Don't feel any risk? Remembers the very public examples that law enforcement made of unauthorized music downloaders several years ago. So, if you are downloading movies illegally, ask yourself if you really want to hear your name on the cable news shows?

And here's another prediction: the illegal download sites will boom as well. Why not download for free? One major reason is that it's illegal. Law enforcement made very public examples of a number of illegal music downloaders several years ago. Do you really want to see your name in the headlines? Terrible quality is another reason. Viruses are also common with free online movie downloads. The jerks who create viruses have to dream up clever ways to spread them.

Yes, when downloading movies first began, doing so was illegal. The U.S. Movie industry lost an estimated $2.3 billion annually in revenue to internet pirates just a few years ago. Hollywood's total annual income that year was estimated to be just under $45 billion. So, it should be obvious why Hollywood is harnessing its own download possibilities.

However, uploading the film and downloading it onto home computers are crimes. Hollywood lost an estimated $2.3 billion to internet piracy just a few years ago. Another $3.8 billion was lost to bootlegged DVDs and other "hard goods" piracy that same year. Hollywood's total annual income that year was estimated to be just under $45 billion. So, with $6.2 million slipping through their fingers it should not be surprising that the movie industry is battling piracy with increasing vigor. Some would say China is the capital of movie piracy. Indeed, within hours of a film being released nationwide in the U. S., illegal DVD copies are available on the street in Shanghai and Beijing. About 90 percent of DVDs sold in China are bootlegged. However, Hollywood reports that it even loses even more money because of internet piracy in North America and Europe.

So, yes, Hollywood will be smart to continue adapting today's ever-changing technologies. Several studios have worked out a deal with a file-sharing site that rents movies, which can be downloaded, but which self-destruct after viewing! Where will that go? Only time will tell.

In fact, the downloadable movie market is booming. Studios will be smart to study today's ever-changing technologies -- and every move of internet pirates.

Studios will be smart to continue embracing technologies that empower the public to Download Twilight Saga Eclipse Movie Free Online sitting in their easy chair, barefoot and in their pajamas -- without ever leaving home.

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