The conversion from analog to digital technology is one of the most fundamental and dramatic changes in modern media. Digital technology is displacing analog at every stage of the production-distribution-exhibition (PDE) process. At the exhibition level, consumers already have a variety of digital devices in their homes, offices, and cars. The computer is the most prominent, but by no means the only, example; compact discs (CDs) have replaced vinyl records, and the digital cell telephone has displaced its analog predecessor. Handheld minicomputers or personal digital assistants (PDAs) are required technology for some executives; answering machines, still cameras, and home video cameras have all made the jump to the digital binary language of zeros and ones. At the production and distribution levels, most media sectors, including broadcast and cable television, the recording industry, and even print media, have been deeply involved in the process of...