| Reference Type |
Weekend Financial Review
newspaper
|
| Title |
DVD boon for small producers |
| Author(s) | Emma Connors |
| Publication Date |
17-04-2004 |
| Page Number |
14 |
| Comments |
DVDs have given independent producers a new revenue stream and a wider audience. |
| Synopsis |
Emma Connors cites Adam Elliot's 'Harvie Krumpet' as one film that will be able to recoup investor's money through DVD sales, and not have to rely on dwindling box office returns in the current industry. The writer refers to the popularity of the U.S. based online DVD rental site NetFlix, and its' two million users. Connors states that online DVD rentals in the U.S. are one-third new releases, with the remainder being "older or second-tier releases", defuncting any notion that viewers are only interested in recent releases. The article also highlights that illegal copying is still a major problem in the industry, accounting for $U.S.3 billion in lost sales in 2003. |
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