I think this is a little narrow minded. You're practically dismissing all of the old classics because their effects don't match up to what can be achieved with current technology..
I wasn't really planning on doing a Part IV, but you bring up a couple of points I'd like to address, as well as give some background.
First, I'd like to say categorically that I'm a big believer in older movies. I think everyone who loves cinema owes it to himself to watch
The Battleship Potemkin and
Monsieur Hulot's Holiday;
My Darling Clementine and
Citizen Kane;
His Girl Friday and
Rebel without A Cause. (And in fact I think on-demand cloud-based services will actually enable people to watch movies like this much easier. Good luck finding these classics at a Red Box or your local Best Buy.)
The point I was trying to make is the reality that some movies don't seem to hold up well over time. A movie that seems beloved by critics and the public one year, a decade or so later can seem dull and dated. When was the last time you felt a burning desire to see
Kramer Vs. Kramer or
The Color Purple? If you'd paid a lot of money to acquire these when they first became available (on VHS in those cases) - thirty years later you'd have a hard time explaining to your kids what the big deal was about. Some movies go on to become timeless classics. A lot don't.
Secondly, I make these observations after about a year of of watching Netflix and iTunes content via my AppleTV. This
is the future for watching "back catalog" movies. I'm also making this assessment after experiencing the first week's of Apple's
other big foray: iCloud. I've been blown away not only at how smoothly and seamlessly Apple's servers have handled literally tens of gigabytes of my material - as well as that of probably millions of other iTunes subscribers.
I cannot say with certainty that either Netflix or Apple will necessarily be the dominant players in their respective industries. Netflix especially seems to have made some mis-steps of late. But make no mistake, someone will find a way to make a massive volume of film and television content available for streaming over the Internet.
People speak with pride about having a DVD or ripped collection of 1100 or so movies. Netflix collection of streaming content
alone is more than ten times that. Apple has roughly the same amount. (There is some crossover, which must be a tough sell for Apple.) Apple's main appeal is offering new content, usually available within six months of release. I understand, and can live with, the pricing model in both cases.
The question of availability of a reliable internet connection, and moreover one that can deliver a sufficiently robust data stream, is a valid one. All I can say is that in the year or so I've been streaming movies, I've had very few problems. I can say that, in that same time, I've encountered numerous DVD's that arrived cracked in the mail. And I can recall many instances when Blockbuster didn't have the DVD we wanted to rent. No system can guarantee 100% uptime.
On a larger scale, however, I am convinced that the economic realities are such that the vast majority of the population of the US, Europe, and urban Asia will continue to see the level of Internet infrastructure investment necessary to make Cloud-access to this type of entertainment not only
possible -
but in fact the norm. Once you've built the pipe, the costs of maintenance are minor compared to the rents you can collect on it.
Lastly, as much as a fan of cloud-based entertainment as I've become, I also never see the role of either broadcast or cable/satellite going away completely. There will continue to be a large enough audience for live TV, as well as the broad-appeal fare such as American Idol or Sunday afternoon football.
Thanks again to everyone who read my thoughts on this topic. Thanks especially to those of you who commented. Best wishes, and happy movie watching!