p2pnet - rss feed: 2008 DVD sales ’surprisingly strong’
p2pnet news view | Products:- In October 2006, a Pali Research report said The DVD Party is Over - Movie Industry Concerns Growing, the premise being 2007, “would be the first year in which DVD sales declined”.
The prediction was accurate, says the Pali’s Rich Greenfield, with consumer spending on DVDs down about 2%.
But yesterday, “our assumption that consumer spending on DVDs in 2008 would decline at an accelerating rate (exacerbated by the far slower than expected rollout of next-gen DVD) now appears incorrect,” he admitted.
And today, consumer spending on DVDs has in fact been, “surprisingly strong” in the first half of 2008 —- up nearly 2%,” he says, continuing »»»
Grocery store chains are rapidly expanding their DVD sell-thru business, increasing dedicated floorspace and hiring outside category managers with a focus on low-priced catalog (see Video Business Article, click here, which notes that video category manager Ingram Entertainment has seen their stores serviced more than double over the past two years). Grocery stores that historically had video rental counters/displays are shifting to kiosks for their rental biz.
Kiosk companies Redbox, The Next Release and Moviecube, “have well over 11,000 kiosks now in the US, with a goal of reaching upwards of 15,000 over the next year (rental kiosks now in Wal-Mart stores and major grocery store chains throughout the US),” adds Greenfield.
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.Stumble It!
Pali - Raising 2008 DVD Forecasts, July 14, 2008
surprisingly strong - Grocery Stores Expanding DVD Business, July 15, 2008
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July 15th, 2008 at 11:43 am
yup. P2P sure is killing them, just like that that other thing did, ….. what’s it called again, oh yeah, the VCR
July 15th, 2008 at 1:33 pm
Let’s get up in arms, we surely need to zero their sales with p2p or anything else - to show once and for all who is boss here!
July 15th, 2008 at 1:33 pm
Sales are up .. hmm I blame the pirates ?
July 15th, 2008 at 3:32 pm
Sales are up? Shows the MPAA victory over piracy I guess. More precisely, the lack of online availability and data affordability. More sharing and content is needed.
July 15th, 2008 at 3:43 pm
DVDs are also cheaper than ever. Cheaper than CDs, actually. New releases are still expensive, but I have bought more new DVDs in the last year than the previous 4 or 5, just because many of them cost as much as they do to rent.
July 15th, 2008 at 6:15 pm
Ah, since when have proper statistics mattered? 44% or 15%, increase or decrease in sales — the **AA’s never let mere math and logic stop their campaigns.
July 15th, 2008 at 7:22 pm
I tend to buy movies if they are around 5-10 bucks. But usually if they include a lot of extras. I dont want to buy a dvd just for the movie cause I can just download it. But the extras and stuff is waht sells the dvd for me. And I will only buy a new release if it is on sale usually the day of release and mainly buy the special edition one. And usually only if it is an action type movie that looks good on a big screen and surround sound. The last 3 purchases I made where Transformers, P3 at words end, and Juno. Although Juno isnt a action movie it came with a script and I personally thought it was the best movie last year.
I like the bargin bins at several stores. I have only bought a couple at grocery stores. Usually older titles and they are an impulse buy because I can easily download the movie for free.
July 18th, 2008 at 8:20 am
” Sales are up? Shows the MPAA victory over piracy I guess. More precisely, the lack of online availability and data affordability. More sharing and content is needed. ”
It’s been said before …
Sharing doesn’t hurt them.
Sharing has no effect on sales.
That’s been proven, many times.
The labels and the movie moguls know that sharing
doesn’t hurt them.
The sharing crap is an excuse to impose tight regulations on ISP’s, as a route to
net control and censorship.
Boycott, don’t download, don’t buy.
If you MUST have it, get it second hand from a pawn shop or used CD
store.