Ideanomics Inc (IDEX)

[esb1015]

While I share your concern. Keep in mind YOD has access to movies prior to release on DVD and in some cases prior to release in theaters. This was by design to help combat the pirated DVDs. Also, keep in mind when CD/DVD burners first came on the market everyone was up in arms that it would ruin the music and movie business, but that did not happen. It was in fact the digital/electronic access to movies and music that changed the business. YOD is in a good spot in terms of tech advances in a market that has not been exposed at this point. People pay for Netflix, Hulu, ITunes because they want quality (i cant stand netflix and the constant buffering, but its still better than the DVD's my brother has brought back from China). It will happen in China... When? Nobody knows, but it will happen.