The Digitization of Media
Over the last few years media began a shift which caused many businesses to rethink the way they do business and others to fail. Those that didn’t adapt or suffer from paradigm paralysis were doom to fail. Media is becoming more and more a digital format. The days of CD or DVD will soon be remembered with Atrac or LP. Businesses realized this shift and started to offer media in a form of download. Some became huge success like Netflix by offering media in a digital format and other went out of business, like Hollywood Video by not responding quickly.