Wall Street Doom and Gloom

[Kable]

[quote=zombieflanders;1061218]

Or, in reality, Nielsen and NPD have been saying that's exactly what Blu-ray is doing.

Then why are studios whining about declining incomes? Shouldn't the doom and gloom go like this in that case: "Sales are declining but Blu-ray is filling the gap and revenues are increasing thanks to the mass appeal of the high def format."

Do you even read the Nielsen thread, or are you just making up numbers from nowhere? In the real world, Blu-ray has doubled market share, and surpassed all of 2007's sales within 4 months. In year-to-year comparisons from Q1, Blu-ray grew 351%.

So 351% nets you a roughly 6% market share? That means either DVD is still selling massive units(it is), or blu-ray went from shit sales to better than nothing sales.

You really don't have any idea what you're talking about.

DVD has barely been out for over a decade now, yet it was the highest period of home video growth and total sales ever, particularly in the late 90s and early 2000s.

Sorry, had no idea Hollywood was in the midst of a quality renaissance.

[zombieflanders]

Originally Posted by Kable

Then why are studios whining about declining incomes? Shouldn't the doom and gloom go like this in that case: "Sales are declining but Blu-ray is filling the gap and revenues are increasing thanks to the mass appeal of the high def format."

Did you even bother to read the original article? It was for the industry as a whole. Meanwhile, there are several other places where Blu-ray sales have specifically been mentioned

So 351% nets you a roughly 6% market share? That means either DVD is still selling massive units(it is), or blu-ray went from shit sales to better than nothing sales.

Actually it's higher than 6%...and growing. And maybe sometime you should read up on business quarters and year-to-year comparisons.

Oh, I also love where you contradict yourself by pointing out that, yes, DVD is still selling a lot of units. That doesn't mean it's not declining significantly.

Sorry, had no idea Hollywood was in the midst of a quality renaissance.

Well, considering quality is by definition an subjective term, neither you nor I can say if Hollywood has gotten better or worse, although you seem to feel that subjective is the same as objective, and thus is measurable. In the meantime, I stand by my mocking you tying sales to quality of the last decade, when that last decade was the biggest sales period in history for the movie industry.

[dvdman]

Originally Posted by crazzeto

Let me make this simple....

do you have a pirated movie? If yes then yes you did hurt that studio and no you didn't have the right to pirate that movie. I'm sorry but just because you bought the raiders of the lost arch VHS tape back in 1989 you don't automatically get the right to download an image of the bluray (whenever it becomes available) in lue of purchasing the disc. Why? Perhaps it's because you are infact getting something with that bluray that the VHS tape didn't have, like 1080P encodes, lossless audio, maybe PiP SF's, maybe web SF's, behind the sceens features etc....

If the studios are losing money it's not because of me. My wife can vouch for that.

[bluskiessmingatme]

Reading this and other threads, it seems to me if you really want to make money from a new technology...become a financial or research analyst. Companies spend millions on getting others to predict the future. They could save a lot of money if they just used one of those 8-ball predicting things (Question: Will this be successful in the future? Answer: "Ask again at another time.")

[dvdman]

Originally Posted by bluskiessmingatme

Reading this and other threads, it seems to me if you really want to make money from a new technology...become a financial or research analyst. Companies spend millions on getting others to predict the future. They could save a lot of money if they just used one of those 8-ball predicting things (Question: Will this be successful in the future? Answer: "Ask again at another time.")

Now this is a GREAT post and I totally agree.

[gluasad]

I wouldn't put too much stock in what these wall street types say. Bunch a suit wearing, university degree toting smarty pants'. They don't know anything about economic trends or the state of industry.

I still think the best source is to go to internet forums where overweight, underexcercised know-it-alls, like myself, sit behind computer keyboards tapping away, drinking coke and eating Ho-ho's and having all the answers to the industry's and even the world's problems.

We know. They don't.

[Solstice X]

Originally Posted by gluasad

I wouldn't put too much stock in what these wall street types say. Bunch a suit wearing, university degree toting smarty pants'. They don't know anything about economic trends or the state of industry.

I still think the best source is to go to internet forums where overweight, underexcercised know-it-alls, like myself, sit behind computer keyboards tapping away, drinking coke and eating Ho-ho's and having all the answers to the industry's and even the world's problems.

We know. They don't.

Damn, I guess I need to hit the treadmill and get away from this keyboard.... thinking twice about that hoho on my desk.....

[ack_bak]

Originally Posted by Solstice X

Damn, I guess I need to hit the treadmill and get away from this keyboard.... thinking twice about that hoho on my desk.....

Yeah.. After reading Glauasad's post I feel the need to go home and spend about 45 minutes on my Wii Fit

And for the record Twinkie > Hoho...

Especially a fried Twinkie

[Solstice X]

Originally Posted by ack_bak

Yeah.. After reading Glauasad's post I feel the need to go home and spend about 45 minutes on my Wii Fit

And for the record Twinkie > Hoho...

Especially a fried Twinkie

You're evil...South Beach, here I come.

Anyway's, market analysts have been really off lately. Hence why stock prices have been plummeting.

[crazzeto]

Originally Posted by ack_bak

Yeah.. After reading Glauasad's post I feel the need to go home and spend about 45 minutes on my Wii Fit

And for the record Twinkie > Hoho...

Especially a fried Twinkie

I've never felt so good about my weekday evening gym habbits

[Kable]

Originally Posted by zombieflanders

Did you even bother to read the original article? It was for the industry as a whole. Meanwhile, there are several other places where Blu-ray sales have specifically been mentioned
Actually it's higher than 6%...and growing. And maybe sometime you should read up on business quarters and year-to-year comparisons..

Just pointing out the slide in sales has continued despite new revenue from DD and BR.

Oh, I also love where you contradict yourself by pointing out that, yes, DVD is still selling a lot of units. That doesn't mean it's not declining significantly.

No contradiction, same answer as above.

Well, considering quality is by definition an subjective term, neither you nor I can say if Hollywood has gotten better or worse, although you seem to feel that subjective is the same as objective, and thus is measurable. In the meantime, I stand by my mocking you tying sales to quality of the last decade, when that last decade was the biggest sales period in history for the movie industry.

I agree it's a subjective term and was merely basing my opinion on box office declines, not home video. There's just not a lot of movies that scream "I gotta see this on the big sceen!" anymore, IMO.

[dvdman]

Originally Posted by gluasad

I wouldn't put too much stock in what these wall street types say. Bunch a suit wearing, university degree toting smarty pants'. They don't know anything about economic trends or the state of industry.

I still think the best source is to go to internet forums where overweight, underexcercised know-it-alls, like myself, sit behind computer keyboards tapping away, drinking coke and eating Ho-ho's and having all the answers to the industry's and even the world's problems.

We know. They don't.

We should know. We are the ones who fork out a ton of money on their clients overpriced products every year.

[93xfan]

Originally Posted by dvdman

Why don't I feel sorry for millionaires. They are crying because their profits are no longer double digits. Give me a break!
They won't get any sympathy from me.

stealing is wrong, regardless who it's from.

oh, and don't you want the movie industry to thrive? they have to make a decent profit if they're going to continue producing a ton of movies. i personally don't want to be limited to summer blockbusters and other movies that have "mass appeal." i want studios to continue to take risks, and for it to sometimes pay off.