A local-angle story on the 2005 box-office slump: a suburban Atlanta family and a home-theater dealer explain why people were staying home, and Jeff laid out the studios' shift toward a DVD-driven home-entertainment model.
It’s one reason the movie industry is shifting to a home-entertainment model, especially given that more than half of its profits are coming from DVD sales, said Jeff Greenfield, executive vice president of the entertainment consulting firm 1st Approach.
It once took at least a year or longer for a major film to make it to DVD, but it now takes about three months, Greenfield said. More films also are going directly from the studio to DVD.
Analysts such as Greenfield also see another reason home cinema is taking off. People don’t like going to the theater the way they once did, he said. Concessions are not only costly but unhealthy.
Theater going is simply not the great experience it used to be, and it’s a big problem the industry is going to have to fix,