p2pnet - rss feed: Is Hollywood dying?
p2pnet news TV | Movies:- Perhaps MPAA boss Dan Glickman’s constant claims of ruin for the corporate movie industry are correct.
But Canada has nothing to do with it.
Canadian crooks with camcorders are among the principal reasons things are so bad, say the MPAA and the US trade Representative, both ignoring simultaneous Hollywood claims that things have never been better.
Now a Lehman Brothers analyst has clued into something members of the online communities have known for years: that, like the corporate music industry, the movie business is going the way of the Dodo.
It’s the digital twenty first century, not the physical nineteen nineties, but Hollywood hasn’t figured that out, and the rise of digital distribution of film and TV content could “significantly disrupt” media company revenues and profits, and soon, says Anthony DiClemente, comparing the scenario to, “that faced by the music industry earlier in the decade,” states the Associated Press.
“The structural shift created by ubiquitous technological change - a shift that has materially impacted the music industry - could also disrupt the core economic models of the film and television studios,” DiClemente wrote in a note to investors, it says.
“We humbly believe the ‘long tail’ argument of why packaged media ‘will last longer than you think’ is also untenable, as investors who have touted the structural benefits of the newspaper, radio/TV station, and broadcast TV businesses have all recently observed,” paidContent has him saying.
Boiled down, “You saw what happened to the music industry and the dramatic fall-off in CD prices,” he says in the story, adding:
“You’ve seen what’s happened to the broadcast TV and newspaper industries.
“Now it’s time for it to happen to TV and filmed entertainment.”
And hopes that digital revenue might, “somehow make up for lost physical sales are misguided,” says the story, with DiClemente observing, “again, you just have to look back at the music industry.”
No need to stay tuned.
.
.Stumble It!
never been better - Foul-mouthed superhero earns $185.3 million, July 7, 2008
Associated Press - Disney shares decline after Lehman downgrade, July 7, 2008
paidContent - Analyst Whacks Entertainment Industry: Major Cannibalization Set To Begin?, July 7, 2008
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July 8th, 2008 at 9:12 am
I download media too, but then I burn it to DVD for safe-keeping. That attitude was re-inforced recently recently when a brief power failure completely erased the first 100GB partition of my mew Western Digital HD and partially scrambled the contents of the second, 60GB partition.
For 1-CD movies, I can fit six of them on a DVD. Or I can fit 12 episodes of an hour-long TV show. Call me crazy, but with the availability of Divx compatible DVD players, I think people would be willing to pay for a DVD full of Divx movies. Maybe charge $10 and let people pick which six movies they wanted. Or set up a store similar to iTune where people can download DRM free AVI files for a small charge.
In this day and age, there’s absolutely no reason that movie studios couldn’t digitize their entire back catalog and put it online for legal, paid downloading.
July 9th, 2008 at 2:45 pm
@ Rekrul
Did you try out and recovery software to try to access the data that really is still there on the hard drive but can not be seen for whatever reason?
I have had a drive problem in the past, could not read the data, formatted the drive completely, then realized I could use data recovery software. I tried it out and all the data was still there, even though I had formatted the drive completely.
Just something to consider.
July 10th, 2008 at 10:23 am
“Did you try out and recovery software to try to access the data that really is still there on the hard drive but can not be seen for whatever reason?”
Yup, it found tons of deleted files, but not a single one of the files I wanted to recover! Not that I would have been able to recover them anyway. I’m using Windows 98SE, which means I have to use the FAT32 file system. When a file is deleted under FAT32, Windows erases the FAT entry for the file and without that, there’s no way to find the file on the drive. You can easily find the start, but beyond that the recovery software has to guess where the rest of the file is stored. One mistake and the file is screwed. Since my drives aren’t perfectly defragmented, pretty much every large file is fragmented, which means that the recovery software will guess wrong.
I don’t care what the web sites claim, recovering large files on a FAT32 drive doesn’t work if the drive was at all fragmented.
July 10th, 2008 at 6:46 pm
If they put out cheap movie packs of GOOD movies, not junk, people would buy them. Even low income earners. For example, a Clint Eastwood pack or Francis the Talking Mule [might appeal to some]. Instead of bloating out the data, they could be compressed to save 10 times the disk space. Also stop screwing the customer by using black and white prints of movies which were produced in colour, and showing a colour shot on the cover; and unrestored originals in poor quality. In my experience it’s not the reasonably priced ones which make it to bit torrent, but the overpriced and geographically unavailable.
July 10th, 2008 at 7:10 pm
6 movies for $10 seems fair, but remember low income earners have a much tighter budget, especially now that the cost of living is sky high in many places. The majority, who are poor, should get at least a 50% discount. But since cartels have never, and would never, consider such a thing, we naturally choose the cheaper alternative; be it downloading or copying. I dare say, 99.9% do not have a moral problem with doing so either. I can’t see that this causes lost income to the studios either, as most are not interested in buying due to the price of new DVDs and severely limited selection. Of course, many find the same problem with bit torrent. Also the sharp decline in good new movies produced has reduced interest.