According to the accountants’ ledgers, DVDs are dying. Sales of those shiny discs, along with their shinier sibling the Blu-ray, amounted to £894 million last year, which is almost a fifth lower than in 2015 and less than half of what was achieved a decade ago. And last week we finally said goodbye to the postal DVD service Lovefilm, too. The explanation for this decline is the explanation for many modern declines: digital is taking over. Nowadays, downloads and streaming services make more money than the old physical formats.
But accountants don’t know everything. From a different perspective, through the bloodshot eyes of a cinephile, DVDs are thriving — and they’re doing better in Britain than in most other countries. This success is measured in quality rather than quantity. A smallish band of homegrown distributors is working to make more films available in ever more wondrous editions. Labels such as Eureka’s Masters of Cinema, Arrow Video and Second Run are now familiar to movie fans all over the world.
Strangely, the decline of physical media is helping to sustain these distributors. There was a time — sometimes referred to as ‘the Golden Age of DVD’ by weirdos like me, who have collected thousands of discs — when the big studios brought their archives to home-video wholesale. Universal Pictures released dozens of old science-fiction movies, right down to Monsters on the Campus (1958) and The Leech Woman (1960). Warner Bros. printed box set after box set of films noirs. Fox went all out on Charlie Chan. But then the economics changed. The studios are now concentrating on digital, and leaving their archives to the specialist DVD publishers.
A case in point is Arrow Video’s forthcoming edition of The Thing (1982).

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