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Studio revenue set for a surge
May 21, 2008 Studio profits have been pinched by higher costs and recent consumer constraint, but a big revenue surge should help Hollywood manage nicely, the Adams Media Research report found. The forecasted revenue rise is tied in part to the spread of the Blu-ray Disc high-def format, DVD rental kiosks and various electronic distribution schemes. "When DVD hit the scene in 1997, it changed the way studios made their money," said Tom Adams, president of Carmel, Calif.-based AMR.
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