Papa Deuce
<font color="red">BBQ loving, fantasy football pla
- Joined
- Sep 29, 2003
- Messages
- 17,786
from TGDaily..... a fairly reliable source:
New York (NY) Hollywood studios released recent movie sales data that indicate that DVD sales have dropped in 2008 again. The decline is estimated at about 4%, which may not sound much, but is significant when we consider the fact that DVD sales make up 70% of Hollywood movie revenue. Studios hope to reverse the trend with releases such as "Wall-E" and "The Dark Knight" and hope that Blu-ray will finally become mainstream or disappear.
Time Warner-owned Warner Bros., the largest distributor of DVDs, said DVD sales dived about 4% this year and it appears that especially weak October sales take the blame for the decline. The studio said that Blu-ray sales will miss this year's target by at least 25%. The independent tracking service Nielsen VideoScan estimated a 9% drop in Q3 DVD sales and a 22% decline in new titles' sales. Nielsen VideoScan's results do not include DVD sales at Wal-Mart. 2007 DVD sales dropped by 3.2% from the 2006 level.
Blu-rays disappointing performance should not be too surprising given that player prices have just begun recently to drop and Blu-ray movie prices are typically 25 50% above those of DVDs. One research suggests that consumers will not embrace the format until there is no doubt that the technology is here to stay. Blu-ray players are still expensive, but have shown significant price drops recently, with some players selling for less than $200. Wal-Mart is believed to be offering a $128 player on Black Friday.
According to Pricegrabber.com, the Blu-ray player with the lowest average U.S. retail price is currently the Memorex MVBD2510, which goes for $176. Sharps BD-HP21U is selling for an average for $191, Philips BDP7200 for $221 and Samsungs BD-P1500 for $226, the price comparison service states. There are some exclusive-brand offerings below $200, such as Best Buys Insignia NS-BRDVD player, which is currently offered for $170.
Hollywood studios believe that sub-$200 Blu-ray players combined with more Blu-ray exposure in retail stores will help the format finally take off this holiday season: Over $25 million will be spent to push DVD and Blu-ray holiday releases, like "Wall-E," "Hancock," and "The Dark Knight." The latter is well on its way to become the most pirated movie of 2008. Even studio execs see this holiday season as Blu-ray's last chance. "We think this is a do-or-die time for Blu-ray," Warner Home Video president Ron Sanders told the New York Times.
New York (NY) Hollywood studios released recent movie sales data that indicate that DVD sales have dropped in 2008 again. The decline is estimated at about 4%, which may not sound much, but is significant when we consider the fact that DVD sales make up 70% of Hollywood movie revenue. Studios hope to reverse the trend with releases such as "Wall-E" and "The Dark Knight" and hope that Blu-ray will finally become mainstream or disappear.
Time Warner-owned Warner Bros., the largest distributor of DVDs, said DVD sales dived about 4% this year and it appears that especially weak October sales take the blame for the decline. The studio said that Blu-ray sales will miss this year's target by at least 25%. The independent tracking service Nielsen VideoScan estimated a 9% drop in Q3 DVD sales and a 22% decline in new titles' sales. Nielsen VideoScan's results do not include DVD sales at Wal-Mart. 2007 DVD sales dropped by 3.2% from the 2006 level.
Blu-rays disappointing performance should not be too surprising given that player prices have just begun recently to drop and Blu-ray movie prices are typically 25 50% above those of DVDs. One research suggests that consumers will not embrace the format until there is no doubt that the technology is here to stay. Blu-ray players are still expensive, but have shown significant price drops recently, with some players selling for less than $200. Wal-Mart is believed to be offering a $128 player on Black Friday.
According to Pricegrabber.com, the Blu-ray player with the lowest average U.S. retail price is currently the Memorex MVBD2510, which goes for $176. Sharps BD-HP21U is selling for an average for $191, Philips BDP7200 for $221 and Samsungs BD-P1500 for $226, the price comparison service states. There are some exclusive-brand offerings below $200, such as Best Buys Insignia NS-BRDVD player, which is currently offered for $170.
Hollywood studios believe that sub-$200 Blu-ray players combined with more Blu-ray exposure in retail stores will help the format finally take off this holiday season: Over $25 million will be spent to push DVD and Blu-ray holiday releases, like "Wall-E," "Hancock," and "The Dark Knight." The latter is well on its way to become the most pirated movie of 2008. Even studio execs see this holiday season as Blu-ray's last chance. "We think this is a do-or-die time for Blu-ray," Warner Home Video president Ron Sanders told the New York Times.

