“U.S. [c]onsumer spending on DVDs and Blu-ray in the first six months of the year for purchases and rentals was up 1.6 per cent from spending in the first half of 2007, according to Home Media Magazine’s market research department. The first half of 2008 tally: $10.77 billion U.S., compared with $10.6 billion U.S. a year ago.
“Spending on disc purchases rose 1.1 per cent, to $6.87 billion U.S. from $6.8 billion U.S.. Rental spending rose 2.6 per cent to $3.9 billion U.S. from $3.8 billion U.S., according to the trade publication.”
As I found out while participating in a recent panel on labor rights in China, there are many seemingly well-intentioned liberals out there who still think that China will progress smoothly towards a democratic future. Thus, they argue for example, that it is time for American unions to “engage” with what they argue are also unions in China but what are, in fact, arms of the Chinese state.
British journalist Malcolm Muggeridge was correspondent for the Manchester Guardian in Stalin’s Russia in the 1930s. He was amazed by the travels there of British pilgrims interested in seeing first hand the “great socialist experiment.”