The collapse in revenue generated by the entertainment business has analysts thinking deeply:
The anemic economy…is widening the gulf between the haves and the have-nots, making it tougher for some consumers to justify paying for cable or tossing a new DVD into the shopping cart.
"Right now it is a tale of two cities," [Craig] Moffett, [stock market analyst for Sanford Bernstein]said.
"On the high end, people can't go up-market fast enough," he said, referring to affluent consumers who are buying the latest in mobile phones, portable tablets, or Internet-connected TV sets. "Then you have this other half of the country that is being largely ignored in this discussion."
The "other half" encompasses the lower 40% of American earners, who, after paying for food, housing and transportation, are left with just $100 a month to pay for healthcare, clothing, phone service — and entertainment, Moffett said.
It's amazing the ignored Have-Nots spend anything on the movies, if that story is true.
Kit Stolz 
Great article! Very interesting thought perspective.
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