Asia Business Consulting

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Monday, November 08, 2004

Business evolution - from video to ... to DVD - what's next?

A long, long time back, there was the song called "Video kills the radio star". It didn't happen, as there were marketforces that kept the radio in place. But the song described a movement to constant upgrades of technology - remember our short write-up about the effect of smartphones that eat into PDA's share of the market? There is nothing to worry about.

Now, there is the scream in Australia that from next year onwards, it will be hard to find films on video, since videos are displaced by DVDs. So what? Who has got a videorecorder at home? If you have one, it probably is a pretty old model.

What will come after DVD? Well, how about Netflix? Oh wait - there is Amazon.com, and the rumours that Amazon might be interested in buying Netflix.

Anyway, this is a sign of further product evolution. So be happy, don't worry!

By the way - we skipped the description of how VCDs came into being in Asia - readers in the Western World wouldn't know about VCDs, since those are typical Asian products.

(By Asia Business Consulting)