Inside the billion dollar inflight movie industry

One small screen makes that 10-hour journey bearable. STORY HIGHLIGHTS Airlines spend up to $3 billion on inflight entertainment each year Cathay Pacific paid $37,500 for a license to show one 2012 movie over a period of two months Movies are often censored for regional preferences, and even competitor logos More inflight entertainment options such as gambling could roll out soon on flights (CNN) -- In a small, darkened editing suite with no windows, a man peers into his monitor at the…