"The media and entertainment industry has a long history of embracing
disruptive innovations, from the printing press to the personal
computer. But the rapid shift from physical to digital over the past
decade or so has been truly revolutionary. In general, physical media
has suffered a great deal. Printed newspapers and magazines have
migrated to online versions, while DVDs and CDs have been supplanted by
film- and music-streaming services. But the oldest form of physical media is actually holding up quite well."
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