A �media center� could be an integral part of every home by 2015. But movies on demand need a willing Hollywood and a super-PVR -- In a recent interview with Japanese web site TechOn, Star Wars director George Lucas discussed the impact of digital movie-making on cinema and touched on the rise of home entertainment servers in the digital home. Lucas is an unabashed devotee of digital film and digital projection � the second Star Wars prequel, Attack of the Clones, was the first movie to be shot entirely using a high-definition 24fps digital camera, Sony�s HDW-F900. The creator of that galaxy far, far away sees a digital future where more Hollywood movies will be shot in this way, more filmmakers will get their work shown and movies will be distributed over the Internet. �I'm not sure how it will actually play out,� Lucas is quoted as saying, �but it seems to be something like the same day and date of a movie being released in a movie theatre, you can also get it over the Internet.� �I think eventually [Internet distribution] will be the future of Hollywood,� Lucas said in another interview, this time with US news channel CNBC. But like many industry observers, he is also realistic about this future happening any time soon.
The global streaming industry has spent the better part of a decade chasing subscriber counts as the primary metric of success. That era is now formally over. New market data from Omdia confirms that the industry has crossed a decisive threshold; one that shifts the competitive playing field from growth-at-all-costs to monetization discipline. For senior executives navigating media, advertising, and technology strategy, the implications extend well beyond entertainment. A Historic Revenue Crossover Online video revenue increased 13.5 percent to $176 billion in 2025, while pay-TV revenue declined 4 percent to $170 billion; marking the first time in the industry's history that streaming has surpassed legacy pay-TV in revenue terms. This is not a rounding error or a statistical artifact; it represents the culmination of more than a decade of structural disruption to the traditional broadcast and cable TV model. Global subscriptions to online video services reached 2.24 billion by the ...