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There is a difference between the music and film industries. Most people can't tell nor do they care about the differences between mp3, CD quality audio, or SACD quality audio. Far more people can see and tell the difference between youtube, SDTV, and HDTV.

It will be years before even the entirety of the US has even DSL-level bandwidth, let alone the bandwidth capable to download even DVD quality films on a regular basis, or the storage space to save them all. Unless people are content with crap picture quality like they are crap audio quality, it will be a long time before digital distribution takes hold, imo.