out-of-home video viewing

If the big screen makes movie theaters, then movie theaters aren’t likely to prosper in the future. Movie theater screens could be much larger and much higher resolution than they are today. However, in-home television screens have been rapidly growing in size and picture quality. The binding constraint, with rapid technological progress and relatively high … Continue reading out-of-home video viewing

consumer technology transitions

In a sample of 275 U.S. public library systems in 2005, the circulation of audio books recorded on cassette tape was 1.3 times the circulation of audio books recorded on CDs.[1] As late as 2005, many audio book borrowers apparently owned audio cassette players. For music albums, the last year that cassette tape sales exceeded … Continue reading consumer technology transitions