Some industry watchers are predicting the end of video rental stores. I don't agree, at least for the short term. Here are some of the reasons cited by business writer Michael Brush in an article on MSNBC for the demise of Blockbuster, et al.
Regularly downloading movies over the Internet to watch on wide-screen TVs at home.
The movie industry will resist digitizing movies for download for the obvious reasons. And how long will it take to download a couple of movies for the evening? Too long.
Paying $20 monthly fees to rent "unlimited" movies that arrive and return by mail.
I don't think this market has much potenntial for growth. Most people want instant gratification. Those that use these services will probably continue to do so, but the rest of us couldn't bother.
Selecting from large film menus offered by cable companies in viewing formats that are just as convenient as DVDs and VHS tapes.
The negative psychological effect of giving even more money to the cable company will doom this for the majority of people.
Buying DVD movie discs that "self-destruct" 48 hours after they're opened
One word: Divx.
I'm not saying change will never come to the rental industry. But there are factors, mostly human, that are as important as the technological advances cited by Brush.