« Is Netflix Blocking Website Logins from Outside of the USA? | Main | Netflix Petitions Committee on Energy & Commerce about ISP Caps and Fees »

Comments

ClydesMP

There were many factors contributing to this, and one significant factor was a 53 per cent increase in blu-ray sales. By comparison, streaming rose only 19 per cent. And let's not forget that the studio's backlog of catalog titles have more or less dried up which would also contribute to a decline. I don't know too many people who want to repurchase these. So yes, streaming is growing, but to attribute this decline in DVD sales entirely to streaming or even entirely to streaming is a bit of a stretch. Not mentioned here either is the Red Box effect.

Tester

The state of the economy has to be factored in as well.

BP108

There is one reason and one reason alone. The studios made deals with Netflix and Redbox and broke down the economics of the entire entertainment industry. Ever since the studios have been trying to put Netflix and Redbox back in the box by charging them more and restricting titles.

Tbob1.wordpress.com

I'll say it and say it again over and over. There have been very few movies produced over the past couple years that are worth owning. I know tastes vary but overall movies have sucked lately. I would attribute this as a top reason DVD sales are in the toilet.

BP108

I would attribute it to the economics of the entertainment industy being broken because of the decressed revenue caused by companies such as Netflix (all you can eat buffet). If the studios are making 1/2 the monies then the investment in new movies will be half as much ie... less movies, worse quality. This is why we now have 28 day windows and the likes as well.

Knaldskalle

Are you guys telling me that people didn't rush out to buy Iron Man 2 and Clash of the Titans the day they hit the shelves? Shocking...

Fbone

What the studios gained in streaming deals aren't included.

eviltimes

I am shocked, shocked I say, that Knalds is allowed into this Holy Sanctum! ;)

frank

Useless info without BR. IF anyone was going to buy DVD's wouldn't they want the new technology? And the industyr is making money off of streaming, the costs are lower too. The margins should be great.

This puts many in a catch-22. They don't think the added BR cost is worth it, and don't want to buy older tech either. They decide to stream, or rent for Redbox or even get disks from Netflix. The industry seems to be dissuading people from purchasing. Now it appears the only purchasers are parents for the kids, and the niche market for the BR.

Scribe1964

I think it's mostly because of the economy. I know of plenty of people who, a few years ago, would buy DVDs every single Tuesday -- even ones they hadn't seen. I doubt many people have the expendable (or seemingly expandable) income to do that today.

Scott M Decker

Echoing some of the previous comments, I think it's important to note that there were likely significant factors other than streaming that contributed to the drop in DVD sales.

Movie theaters are charging all time high prices and we've been in a recession since late 2008. People simply do not go to the movies as much as they used to (at least not people my age). Thus, it's possible that since people are seeing fewer movies, there are fewer movies which they loved and are therefore not buying as many DVDs of movies they loved.

It's also possible that the studios produced a bunch of crap movies in 2010 and no one wanted to buy them on DVD. Seriously, did you watch some of these dung patties - Tron Legacy, Little Fockers, The Town, Salt, Marmaduke, The A-Team, The Expendables? Reviewing the list of the top 100 highest grossing films of 2010, there are three that I liked, Green Zone, Secretariat, and The Social Network. That's 3 out of 100! I'll admit; there are a few that weren't awful but when did we start settling for "not awful?" Movies are suppose to be fantastic vehicles of escapism!

The comments to this entry are closed.

Sponsors

Third-Party Netflix Sites