JDS obviously works for a movie studio or something. All of his points are for how this benefits the movie studios and how raising the prices is somehow better for the consumer. It is ridiculous to think this helps the consumer in any way.
Netflix, redbox, or whatever should be able to charge whatever they want for the media. They buy it, they own it, they can do what they want with it. Maybe they should give away a free rental with $100 in grocery purchases.
Movie studios are just mad that they didn't think of it first and that they are always behind the technology curve. Same with the music industry. They want to cling to an antiquated publishing model and revenue stream and that just isn't feaibile in this day and age.
They need to embrace the way it is now and try to reconfigure their business to best make use of current technologies. Mabe Warner should create their own rental kiosks and make their movies available in them 30 days before they sell them to Netflix or Redbox for $3. If supply and demand really work that way, then people will go to those kiosks and rent them according to JDS.
To clear up some stuff on Blockbuster.....rentals there are like $4.99 or 5.99. Unless you are a member of one of their programs or season passes, you can't rent a new blu-ray for $2.99. It just doesn't happen.
Blockbuster also has revenue sharing agreements with some studios. Basically the studio sends them the movies to rent and receives a certain share of the profits. After a period of time, like 60 days, Blockbuster is required to break all the discs and send them back to the studio.
I personally watched a guy doing this with like 100+ copies of Juno. He was cutting each one with scissors and packing them up to send back to whoever. He informed me that every copy that didn't come back resulted in a fine.
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JDS obviously works for a movie studio or something. All of his points are for how this benefits the movie studios and how raising the prices is somehow better for the consumer. It is ridiculous to think this helps the consumer in any way.
Netflix, redbox, or whatever should be able to charge whatever they want for the media. They buy it, they own it, they can do what they want with it. Maybe they should give away a free rental with $100 in grocery purchases.
Movie studios are just mad that they didn't think of it first and that they are always behind the technology curve. Same with the music industry. They want to cling to an antiquated publishing model and revenue stream and that just isn't feaibile in this day and age.
They need to embrace the way it is now and try to reconfigure their business to best make use of current technologies. Mabe Warner should create their own rental kiosks and make their movies available in them 30 days before they sell them to Netflix or Redbox for $3. If supply and demand really work that way, then people will go to those kiosks and rent them according to JDS.
To clear up some stuff on Blockbuster.....rentals there are like $4.99 or 5.99. Unless you are a member of one of their programs or season passes, you can't rent a new blu-ray for $2.99. It just doesn't happen.
Blockbuster also has revenue sharing agreements with some studios. Basically the studio sends them the movies to rent and receives a certain share of the profits. After a period of time, like 60 days, Blockbuster is required to break all the discs and send them back to the studio.
I personally watched a guy doing this with like 100+ copies of Juno. He was cutting each one with scissors and packing them up to send back to whoever. He informed me that every copy that didn't come back resulted in a fine.