That just helps to turn people off to the already high-priced experience of going to the movies.
Roughly half of those jobs would be "induced" jobs, those "generated when highway construction workers respend their income on consumer goods and services -- like lunch at McDonald's or going to the movies or buying new clothes, " said Wells.
He also notes that Toshiba has sold 200, 000 HD DVD players in the US, in comparison to the 30, 000 standalone Blu-ray players sold, and that it's not clear yet how many Blu-ray movies the two million PS3 owners are going to be watching.
ENGADGET: Toshiba not so impressed by Blu-ray's victory cries HD
We've got more shopping malls than churches, we spend more time staring at Internet coupon sites than reading Shakespeare, we stomp on each other at 5 A.M. on Christmas Eve to snag that discounted laptop at Wal-Mart, a store that now sells buckets of popcorn, suggesting that shopping for Glade plug-in air fresheners is the entertainment equivalent of going to the movies.
We've got more shopping malls than churches, we spend more time staring at Internet coupon sites than reading Shakespeare, we stomp on each other at 5 A.M. on Christmas Eve to snag that discounted laptop at Wal-Mart (nyse: WMT - news - people ), a store that now sells buckets of popcorn, suggesting that shopping for Glade plug-in air fresheners is the entertainment equivalent of going to the movies.
Thirty-eight percent of residents aged 15 to 35 reported going to the movies at least once a month in 2010, and the year prior saw a total of 28.8 million visits to the movies, impressive for a population of just 4.5 million.
With Netflix and Redbox striking deals with film studios to release titles when they are available on video, either through web streams or physical rentals, the availability of movies on demand is not going to help Starz grow from its movie-based strategy roots.
Unless Disney is somehow going to get away with doing Star Wars movies on the cheap, each official Episode will likely cost whatever the upper-realms blockbusters happen to cost at the given time.
There's still no announcement whether you'll be able to download movies on your computer and watch them on the 360 -- is it still going to be 360 focused or is the idea to really leverage the power of the company as a whole to push downloadable content?
After speaking with several companies it seems like everyone is in wait-and-see mode right now, they'd like to see what the market penetration of the PSP is first, whether the demand is there for UMD movies, and of course whether Sony is going to add support UMD drives to set-top boxes or the PlayStation 3.
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