Analyst says TV industry facing dark days ahead
"To be clear, our fear is that the damage that digital distribution inflicted on the music industry will replicate itself in the movie industry, and our fears are too great to justify keeping neutral or positive ratings on the creators and distributors of movie and TV content," wrote analyst Anthony DiClemente.
The piracy concern is certainly a legitimate one. That's a tough nut to crack. However, given the overall crappy state of the economy (which will leave people with less money to spend on movies and buy DVDs), I don't think piracy itself is to blame.
I do love how the DiClemente cited digital distribution technology as "damaging" to the record companies and by extension the movie/television distributors. Adapt or die, I say.