The DVD could soon be DOA.
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JSWELL
September 2005
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Falcon01
July 2006
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Dreary DVD sales threaten to reduce profits for studio owners and may force them to write down the value of movies, analysts said.
Dismal sales are also affecting the bottom line at electronics stores like Best Buy, which is expected to fall short of investor expectations this quarter."
Interesting. I wonder if bluray sales are down also? I really hope disc media doesn't disappear.
Ironbull
August 2007
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the_dvd_chef
December 2007
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View profile »Eight track tapes are dead, but the vinyl comparison is a bad one. Vinyl has actually increased quite significantly in the last few years. A lot of vinyl releases now come with a sticker that gives you free high-quality MP3 downloads of the album.
For instance. I can buy an album on iTunes for $9.99 and get 128/160kbps MP3s with annoying DRM (until recently) or I can walk into my local music store and pick up the album for $11.99 have a beautifully cut piece of vinyl that kicks most digital format's ass in sound quality, and has a nice 12" cover to sit on my shelf, and on top of that I get the album as 320kbps DRM-free MP3s to throw on my iPod. Sounds worth the $2 price difference to me.
The very fact that vinyl not only didn't die, but is still able to GAIN market share while CDs decline tells you something about people's relationship with physical media. These reports are just pre-mature panic. The studios' murmurings about reducing budgets is due to media sales slowing in general due to the economy and ILLEGAL downloading and copying. If this happens it will apply more to films that have a limited theatrical run or go straight to DVD. Theatrical sales have actually gone up in recent months.