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Blu-ray sales grow, but home video revenue still down
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The following comments relate to this news article:
article published on 25 April, 2008
Despite large growth in the high definition market, standard DVD sales continue to sag, and home video revenue will continue to fall, report a few notable analysts.
According to Reuters, 5 million HD movies have already been sold this year (mainly Blu-ray) and that puts the pace far ahead then 2007 which saw only 10 million movies sold for the entire year.
This strong growth however ... [ read the full article ]
Please read the original article before posting your comments.
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mattkind
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25. April 2008 @ 18:44 |
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Just lower blu ray movies . Still to expensive 30 euros is too much for a movie where i live , when the dvd is only 12 euros.
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AfterDawn Addict
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25. April 2008 @ 18:52 |
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C'mon, we're in a recession. Entertainment dollars (euros) gotta get the most bang for the buck. Sorry, but as Mattkind stated Hd discs are still toooo expensive.
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25. April 2008 @ 19:51 |
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Originally posted by mattkind:
Just lower blu ray movies . Still to expensive 30 euros is too much for a movie where i live , when the dvd is only 12 euros.
Agreed. Blu Ray is to pricey. If they want everybody to switch they will need to lower prices. I'm not going to pay $24.99 for 1991's Terminator 2. Crazy.
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def&blind
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25. April 2008 @ 20:30 |
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!
This message has been edited since posting. Last time this message was edited on 22. May 2020 @ 08:36
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AfterDawn Addict
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25. April 2008 @ 20:40 |
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Agree totally def&blind !!! ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
"The flimsier the product,the higher the price"
Ferengi 82nd rule of aqusition
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DoomLight
Junior Member
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25. April 2008 @ 21:17 |
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dont forget it cost damn near 4 bux a gallon to drive to the store to buy these friggin blu dvds;
blah
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error5
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25. April 2008 @ 22:10 |
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BluRay is recession-proof.
Those who can afford BluRay hardware and software at current prices will continue to buy as they are less likely to be affected by recession.
The same is not true with standard DVD.
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saltynuts
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25. April 2008 @ 22:19 |
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Originally posted by error5:
BluRay is recession-proof.
Those who can afford BluRay hardware and software at current prices will continue to buy as they are less likely to be affected by recession.
The same is not true with standard DVD.
afford and willing to pay is two different things.i think most people who opt not to buy blu can afford it really but instead choose not to.
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AfterDawn Addict
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25. April 2008 @ 22:25 |
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Originally posted by error5:
BluRay is recession-proof.
Those who can afford BluRay hardware and software at current prices will continue to buy as they are less likely to be affected by recession.
The same is not true with standard DVD.
The coparison is more meaningful when stated thusly
The Nordstrom people will still shop at Nordstroms in a recession whereas the Wal-mart people will not shop (at Nordstroms) but still shop at Wal-Mart.
BTW Nordstroms is a $6 billion a year company whereas Wal-Mart is a $300 billion a year company .
The SD people have it way over the HD people purely on volume in sales.
"The flimsier the product,the higher the price"
Ferengi 82nd rule of aqusition
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juankerr
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25. April 2008 @ 23:07 |
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Quote:
The Nordstrom people will still shop at Nordstroms in a recession whereas the Wal-mart people will not shop (at Nordstroms) but still shop at Wal-Mart.
They may still be shopping at WalMart but they're not buying the DVD's - thus "the continued sagging sales of standard definition DVDs" as the article says.
error5 is right. In a recession the luxury entertainment items will continue to sell while the masses will spend less on home video.
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AfterDawn Addict
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26. April 2008 @ 01:15 |
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The media industry i doing well enough, the market might be lagging but itsd not like they are "losing"money just yet.
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nobrainer
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26. April 2008 @ 04:31 |
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Originally posted by mattkind:
Just lower blu ray movies . Still to expensive 30 euros is too much for a movie where i live , when the dvd is only 12 euros.
lol they ain't going to do that because its an advancement in technology and a way to hike up prices, call it "Hi-Def" and you can charge 2x the amount and keep the prices artificially high.
this is how the MPAA has managed the dvd rip off pricing for the last ten years, that and region coding (global price fixing DRM) which if disabled on a blu-ray the disc FAILS to play.
Why is the movie industry failing, because the movies suck, all they care about is money and how the woo the populous is, better effects/graphics, much the same as the gaming industry, the talent is being destroyed by the gatekeepers of media with their quick buck rubbish they constantly churn out.
if you want our culture to regain its foothold we have to boycott the companies killing it for profit which are the MPAA, RIAA, BPI, Ect, Ect, Ect.
@ hulud86
haven't you heard blu-ray is the future, its the best ever way to watch them suck ass films, and you know a £30 bad movie looks even better in blu-ray!
On a serious note WHY do you think that the MPAA/RIAA constantly lobby and block bills/legislation from being passed to allow format shifting, if an old technology is made obsolete by the media courps they can force you to purchase it all again "a licence to print money"!
iPod tax: UK music biz open to format shifting... for a fee
Originally posted by ars link:
April 14, 2008
And then came hints that this apple might come with a serious worm. Early this year, the BPI again said all the right things about format shifting, but we noted that the Association of Independent Music was making noises; apparently, the group wanted to get paid whenever music was transferred from a CD to a portable device.
Now we have the official, combined filing (PDF) from ten different music organizations in the UK (including AIM), and it's a doozy. Follow the ruthlessly simple logic with me:
* Step one: format shifting is valuable; just look at how many people do it. From the filing: "Unquestionably, there is a value produced by the ability to format shift for both consumers and commercial enterprises which directly arises from the transferability of music."
* Step two: creators don't see any of this value, and they should (because without them, there would be no value for anyone). "It is imperative that creators and performers should benefit directly from this value," says the filing. "Ultimately it is their creativity which underpins the entire value chain."
* Step three: start taxing iPods to recoup this value. "The only solution which achieves these goals is a flexible and market-led approach based upon a business-to-business relationship... an exception subject to license."
Device manufacturers, who are apparently building their fortunes on the back of the music industry's content without paying for the privilege (err, but didn't the consumers already pay for the discs?), would have to pay a license fee to the music business that would be split among all the involved parties according to a formula that makes the Schrodinger equation look like a bit of first-term algebra.
big media are stealing money from everywhere they can and the only way to stop their constant anti-consumer behaviour is to not purchase anything from them, & if you have to because the advertisers tell you that you must purchase this thing to fit into society only purchase 2nd hand media or 2nd hand hardware use ebay ect, force them to change their ways & lower prices
This message has been edited since posting. Last time this message was edited on 26. April 2008 @ 04:45
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sgriesch
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26. April 2008 @ 13:26 |
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Originally posted by error5:
BluRay is recession-proof.
Those who can afford BluRay hardware and software at current prices will continue to buy as they are less likely to be affected by recession.
The same is not true with standard DVD.
Nothing is recession-proof. Even the things that we need are not. People are driving less due to high gas prices. Many don't go out to eat as much because it is more expensive. I deal with wealthy people all day, and believe me, they are feeling the crunch as well. Mattkind is right, the technology needs to be correctly priced for everyone to embrace it.
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error5
Senior Member
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26. April 2008 @ 13:48 |
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Originally posted by sgriesch:
Nothing is recession-proof. Even the things that we need are not. People are driving less due to high gas prices. Many don't go out to eat as much because it is more expensive.
Read the article again. In the slowest sales quarter of the year high def media has already sold 50% of the total volume sold in 2007, while in the middle of a recession, and while the total home video market is in a big slump.
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I deal with wealthy people all day, and believe me, they are feeling the crunch as well.
They're probably not BluRay fans or buyers - as the current robust sales figures show.
Quote:
Mattkind is right, the technology needs to be correctly priced for everyone to embrace it.
It's priced fine right now.
BluRay doesn't need mass acceptance at this point since:
>not everyone owns an HDTV. As HDTV prices approach the sub-$500 mark and 50% or more market penetration then you'll see the BluRay prices drop as well - probably late 2009 to 2010. Remember it took 5 - 6 years for DVD to overtake VHS.
>CE companies need to turn a profit on the players in order to keep the format attractive and to keep R&D going. Toshiba's artificially deflated prices were a disaster for them.
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sgriesch
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26. April 2008 @ 21:59 |
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Originally posted by error5:
Originally posted by sgriesch:
Nothing is recession-proof. Even the things that we need are not. People are driving less due to high gas prices. Many don't go out to eat as much because it is more expensive.
Read the article again. In the slowest sales quarter of the year high def media has already sold 50% of the total volume sold in 2007, while in the middle of a recession, and while the total home video market is in a big slump.
Quote:
I deal with wealthy people all day, and believe me, they are feeling the crunch as well.
They're probably not BluRay fans or buyers - as the current robust sales figures show.
Quote:
Mattkind is right, the technology needs to be correctly priced for everyone to embrace it.
It's priced fine right now.
BluRay doesn't need mass acceptance at this point since:
>not everyone owns an HDTV. As HDTV prices approach the sub-$500 mark and 50% or more market penetration then you'll see the BluRay prices drop as well - probably late 2009 to 2010. Remember it took 5 - 6 years for DVD to overtake VHS.
>CE companies need to turn a profit on the players in order to keep the format attractive and to keep R&D going. Toshiba's artificially deflated prices were a disaster for them.
I read the article. It compared it to 2007, which in comparison to all video sales is less than 1% of the total movie sales period. That's not as robust of a growth as the article leads you to believe. Blue-Ray does need mass acceptance if it wants to make money. You're right about it taking a while to replace the DVD. It won't be anytime soon. It wasn't Toshiba's cheap prices that hurt them. It was the lack of movie studios behind the format that killed them off. When everyone left the boat sunk.
My point about the recession is that people DO quit buying what they don't NEED (at least smart people). That's why entertainment stocks are the worst to own when a recession hits. People cut what they can do without.
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antirip
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27. April 2008 @ 08:34 |
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It's amazing they didn't blame piracy!! Too expensive yet though, they need to drop prices
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juankerr
Member
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27. April 2008 @ 10:33 |
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Here's a link to the original article:
http://www.sciam.com/article.cfm?id=blu-ray-boom-not-enough-t
This paragraph is interesting:
Quote:
Taking into account that Blu-ray sales will cannibalize a large portion of standard DVD sales, Nathanson says that during the 2007-2011 period, home video could boast a 2.4% compounded annual growth rate in revenue. Without Blu-ray, he estimates home video would have lost 2.2% each year during that same time frame.
He predicts that BluRay will be the reason why home video will continue to be a growth industry in the next few years.
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nobrainer
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27. April 2008 @ 14:04 |
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Quote:
Here's a link to the original article:
http://www.sciam.com/article.cfm?id=blu-ray-boom-not-enough-t
This paragraph is interesting:
Quote:
Taking into account that Blu-ray sales will cannibalize a large portion of standard DVD sales, Nathanson says that during the 2007-2011 period, home video could boast a 2.4% compounded annual growth rate in revenue. Without Blu-ray, he estimates home video would have lost 2.2% each year during that same time frame.
He predicts that BluRay will be the reason why home video will continue to be a growth industry in the next few years.
you do realise that its a drop in revenue don't you?
btw a new dvd in the UK costs £7-10 and a new Blu-Ray costs £15-30. maybe this is how they are going to recoup profits, by over charging because its a "New & Better Format" that "HAS" to cost more doesn't it!
This message has been edited since posting. Last time this message was edited on 27. April 2008 @ 14:05
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juankerr
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27. April 2008 @ 14:13 |
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Originally posted by nobrainer:
you do realise that its a drop in revenue don't you?
Read the paragraph carefully.
With BluRay -> home video could increase revenue by 2.4% compounded annually.
Without BluRay -> home video could lose 2.2% revenue each year.
Quote:
btw a new dvd in the UK costs £7-10 and a new Blu-Ray costs £15-30. maybe this is how they are going to recoup profits, by over charging because its a "New & Better Format" that "HAS" to cost more doesn't it
It is a new and better format. The higher price is expected.
No one is pointing a gun to your head. If you can't afford it or are unwilling to buy it then by all means walk away.
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nobrainer
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27. April 2008 @ 14:33 |
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Originally posted by juankerr:
Originally posted by nobrainer:
you do realise that its a drop in revenue don't you?
Read the paragraph carefully.
With BluRay -> home video could increase revenue by 2.4% compounded annually.
Without BluRay -> home video could lose 2.2% revenue each year.
Quote:
btw a new dvd in the UK costs £7-10 and a new Blu-Ray costs £15-30. maybe this is how they are going to recoup profits, by over charging because its a "New & Better Format" that "HAS" to cost more doesn't it
It is a new and better format. The higher price is expected.
No one is pointing a gun to your head. If you can't afford it or are unwilling to buy it then by all means walk away.
ya sry i meant to say a drop in profits in comparison to what they could be ripping everyone off for!
then you have big media (the gatekeepers) stance on net neutrality to squeeze all user generated content off of the pipes and force ppl to purchase their over priced dribble!
http://www.huffingtonpost.com/jonathan-r...es_b_98568.html
Quote:
Looks like our prediction in our recent HuffPo post was spot-on. Citing piracy concerns, Big Media has made its deal with broadband ISPs like Comcast to make sure its Internet video gets priority A-1 Express Lane carriage over the Internet. In exchange, they are supporting the ISPs' fierce opposition to net neutrality rules that would bar them from pushing everyone else's video into the Bus Lane, if they even deign to deliver it at all.
there are so many reasons why i to boycott anti-consumer products/services/companies!
This message has been edited since posting. Last time this message was edited on 27. April 2008 @ 14:34
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AfterDawn Addict
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27. April 2008 @ 15:57 |
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Quote:
Originally posted by juankerr:
Originally posted by nobrainer:
you do realise that its a drop in revenue don't you?
Read the paragraph carefully.
With BluRay -> home video could increase revenue by 2.4% compounded annually.
Without BluRay -> home video could lose 2.2% revenue each year.
Quote:
btw a new dvd in the UK costs £7-10 and a new Blu-Ray costs £15-30. maybe this is how they are going to recoup profits, by over charging because its a "New & Better Format" that "HAS" to cost more doesn't it
It is a new and better format. The higher price is expected.
No one is pointing a gun to your head. If you can't afford it or are unwilling to buy it then by all means walk away.
ya sry i meant to say a drop in profits in comparison to what they could be ripping everyone off for!
then you have big media (the gatekeepers) stance on net neutrality to squeeze all user generated content off of the pipes and force ppl to purchase their over priced dribble!
http://www.huffingtonpost.com/jonathan-r...es_b_98568.html
Quote:
Looks like our prediction in our recent HuffPo post was spot-on. Citing piracy concerns, Big Media has made its deal with broadband ISPs like Comcast to make sure its Internet video gets priority A-1 Express Lane carriage over the Internet. In exchange, they are supporting the ISPs' fierce opposition to net neutrality rules that would bar them from pushing everyone else's video into the Bus Lane, if they even deign to deliver it at all.
there are so many reasons why i to boycott anti-consumer products/services/companies!
I love it when sheep look at you funny for bucking the herd,dn;t you? ^^.
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jove
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27. April 2008 @ 19:43 |
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can you guys bring out some statistics on how many blu ray players have been sold? im talking stand alones, not ps3s. and how many have been sold after toshiba exited the market. im real curious to know how many are sold on a weekly basis.
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emugamer
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28. April 2008 @ 12:24 |
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Quote:
Originally posted by error5:
BluRay is recession-proof.
Those who can afford BluRay hardware and software at current prices will continue to buy as they are less likely to be affected by recession.
The same is not true with standard DVD.
afford and willing to pay is two different things.i think most people who opt not to buy blu can afford it really but instead choose not to.
I agree with you salty. The recession is impacting everyone differently and I don't think it's an accurate statement to say that people with money are going to keep buying. Maybe young, single guys. A friend of mine makes very good $$. He works hard for his six figure salary. But his international company announced a certain percentage of layoffs for "non-essential" jobs this year. He doesn't feel that his job is non-essential, but why take a chance? He's not buying a single thing in the entertainment category now or in the near future, even though he can. I can see the pain in his eyes, because he is a techie. He really wants to get into HD. Smart people will assess their circumstances and make the decision to not spend money this year. Our families got together this weekend for dinner and we ended up discussing what we are paying for gas now and how it's impacting everything we want to do. We're not even going on vacation this year.
I feel that everything is going to stagnate. DVD's are not suffereing because of blu-ray. They are probably suffering due to the same reasons everything else will suffer. And these figures seem to be for new media. I continue buying video (both SD and HD), but it's all used. One mans junk is another mans treasure. I'd buy the Terminator DVD used for $2.50 off Amazon or out of a bargain bin before I buy a new movie.
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nobrainer
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28. April 2008 @ 12:39 |
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@ emugamer
its not just paying customers that just don't care about blu-ray, if you take a look on your fav bittorrent, newsgroup network and compare the amount of downloads for the HD material compared to the dvd there is an overwhelming shun of the format, if ppl don't even want to download it for free what hope is there for ppl purchasing it?
blu-ray is a way for the MPAA to lock up media with DRM and increase the prices and the average person will not even conside downgrading to hobbled by DRM equipment until the media and hardware = that of current DVD.
This message has been edited since posting. Last time this message was edited on 28. April 2008 @ 12:41
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28. April 2008 @ 12:50 |
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Originally posted by nobrainer:
@ emugamer
its not just paying customers that just don't care about blu-ray, if you take a look on your fav bittorrent, newsgroup network and compare the amount of downloads for the HD material compared to the dvd there is an overwhelming shun of the format, if ppl don't even want to download it for free what hope is there for ppl purchasing it?
blu-ray is a way for the MPAA to lock up media with DRM and increase the prices and the average person will not even conside downgrading to hobbled by DRM equipment until the media and hardware = that of current DVD.
First off your totally clueless when it come to BD torrents people Don't downloading them because the torrent are to damm big.Most BD 720p torrents run 4.5 GB to 8 GB(Major loss of QP),1080P Torrents run 8 GB up 20 GB.So who in there right mind going to download files that dam big? Plus HD torrents are fairly new & not as simple as dvd rips,DivX, & Avi...You need to give this crap a rest because you clearly didn't read the article.
This message has been edited since posting. Last time this message was edited on 28. April 2008 @ 12:52
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