What has been the effect of home video on the film industry??

What will be an ideal response?


ANSWER:
The growing popularity of home video has produced two effects on the film industry. First, it created a new revenue source for struggling studios in the 1970s. Second, it created new production divisions of most film companies that specialize in making films exclusively for home viewing. Home video had become a driving force, with revenues from rentals and direct sales of videos and DVDs outstripping box office receipts two to one. movies are increasingly viewed in the home with digital technologies, including DVD, digital video recorders (DVRs), and digital streaming.?
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Communication & Mass Media

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