Hollywood Video closing all stores by June.

Anyone could've seen this coming ten years ago...

It's great we can move information around the world with no petrol, trucks or plastic. For every lost job in in one line of work another industry will open.
 
Blockbuster is next. RED BOX and NETFLIX have decimated their business model.

Yep. I am in the distribution business. Our business model has pretty much been decimated as well. Our biggest customers are now drug stores, grocery stores and Amazon/Buy.com. We lost all the mom and pop video stores several years ago when Walmart went to using DVD as a loss leader and all the indies started going to Walmart to buy their new titles at less than we could sell them wholesale. Redbox's business model has issues as well though. They aren't really making money at $1 rentals, and their sales drop when they test raising the price./ The studios are also pissed at them for the way they dump used product on the market. We let Redbox go. We used to distribute to them, but they dumped returns on us so bad, and were such a pain in the ass we let them go to another distributor.
 
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I don't know what to make of the whole thing.

I feel bad at the number of jobs that will be lost during all this.

But I also have more accessablity to get films (I use Itunes because of the gift cards)of getting films through the net to watch-and I don't have to fork out 10 pieces of ID to get a membership.

I admittedly am still a little bitter about the whole "no late fees" attempt that BB tried a couple of years back (no late fee, however, there is a RESTOCKING FEE:lol:) so maybe I'm a little baised ;)

Still, the loss of jobs is never a good thing.

EDIT: as far as BB a bit dated, but will this make any difference?

Blockbuster hopes to Dodge Bankruptcy (Dated April 8)
http://www.cinemablend.com/dvdnews/...ruptcy-Thanks-To-Deal-With-Studios-23860.html
 
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Blockbuster is following Redbox with the kiosk model. I saw one just the other day. The Bb stores won't last much longer. The indie video store owners I know stay in business via one route, porn. The woman I know who has an indie (tons of horror titles, criterion, music stuff, very cool store) does 60% of her sales from the tiny closet in the back of the store with the porn in it.
 
I can't imagine that the NetFlix model of ordering, waiting days, then boxing and shipping back is gonna survive. Eventually it's gotta be some form of downloading that takes hold. They must simplify it though to make it easy enough for the most technologically illiterate customers... Download to your TV set or with your computer download to a memory stick that plugs into your TV set. That would work.
 
I can't imagine that the NetFlix model of ordering, waiting days, then boxing and shipping back is gonna survive. Eventually it's gotta be some form of downloading that takes hold. They must simplify it though to make it easy enough for the most technologically illiterate customers... Download to your TV set or with your computer download to a memory stick that plugs into your TV set. That would work.

Netflix is already doing streaming, very well I might add, in HD and via some Blu Ray players, a player box, some media players with web enabled, and also Play Station 3.

Amazon.com is imitating this pay per view download model and finding it lucrative.

Xbox 360 has been streaming video, like the web series THE GUILD for almost 2 years.
 
Netflix is already doing streaming, very well I might add, in HD and via some Blu Ray players, a player box, some media players with web enabled, and also Play Station 3.

Amazon.com is imitating this pay per view download model and finding it lucrative.

Xbox 360 has been streaming video, like the web series THE GUILD for almost 2 years.

Just to add: I use Itunes, prices are pretty reasonable for rental, and you can buy some movies outright for like 4-5 dollars(older films mind). Plus, as I said, you can use an Itunes gift card and avoid using a creditcard. This sort of thing I've been wanting to see, pay a couple of bucks to watch the film, you like it, pay acouple more to own it right there.

What's interesting is VHS tapes are STILL around, which makes me think we'll still see DVD's hanging around after their "best before" date as it were...probably for a long time.
 
Netflix is already doing streaming, very well I might add, in HD and via some Blu Ray players, a player box, some media players with web enabled, and also Play Station 3.

Amazon.com is imitating this pay per view download model and finding it lucrative.

Xbox 360 has been streaming video, like the web series THE GUILD for almost 2 years.

Not to mention simple 'on demand' style features of cable and satellite providers.

Netflix, Hulu, and an antenna are all I need. I've been to a blockbuster once in the last year and it was to rent a video game :/ So it doesn't hurt me in the slightest if they go out of business.

However, as sonny said, it doesn't bode well for us indies. What can we do about this? Amp up special features on DVDs? Or perhaps there is just an as-yet un-thought-of web/computer based business model.
 
They need a simpler way to order off iTines or Amazon, download and then transfer it to your TV. Burning DVD's is too much for the average consumer to deal with.

Right now music has reached it's pinnacle. Buy off iTunes or Amazon and move it to your iPod. Done. I sell indie CD's and 80% of my sales are digital now (vs CD's) and it's great. I don't have to lift a finger to ship anything, there's no sales agent or producer's rep pocketing 25% of my money, and no traditional distributor taking 25% of my money. Only Tunecore.com takes $30 per year per title. THAT'S THE WAY INDIE MOVIES SHOULD BE DISTRIBUTED!!!!
 
Right now music has reached it's pinnacle. Buy off iTunes or Amazon and move it to your iPod. Done. I sell indie CD's and 80% of my sales are digital now (vs CD's) and it's great. I don't have to lift a finger to ship anything, there's no sales agent or producer's rep pocketing 25% of my money, and no traditional distributor taking 25% of my money. Only Tunecore.com takes $30 per year per title. THAT'S THE WAY INDIE MOVIES SHOULD BE DISTRIBUTED!!!!

That exists for Indie filmmakers, but there's no audience for them, no paying customers, at least not in significant amounts. The only people making decent money with YouTube's revenue sharing are people making blogs semi-daily and that's not the same kind of filmmaking we're mostly talking about. Also, they tend to be young, hot people - more "personalities" than content of any substance. See iJustine as an example. She makes a solid living at making blogs for YouTube.... and she's a hot blond girl in her 20's.

There's still no good replacement for the traditional DTR (Direct To Video) market share that existed. It was a revenue stream for several people and a natural way to get the movies seen, a self marketing simply by being on the shelf next to the big Hollywood movie that was already rented out for the night.

I agree that the music industry and film worlds are very similar, but the whole rental aspects of movies differentiated it from music entirely.
 
good riddance bb they screwed me over on a job when i was transferring...... i was perfect there i know movies watch movies and write but they hired some girl that looked good serves them right
 
The woman I know who has an indie (tons of horror titles, criterion, music stuff, very cool store) does 60% of her sales from the tiny closet in the back of the store with the porn in it.

This is actually astonishing to me, given the internet. I wonder why it is that people can turn a profit moving porn which is available in a staggering magnitude, usually for absolutely free, but they can't compete with for pay business models like netflix. :weird:

Is porn just like, literally infinitely profitable? No matter how much the market gets saturated with free stuff? I'm sorry, I know this is off-topic but truly, the mind boggles. ;)
 
There's so much free porn out there on all the YouTube copy sites I don't know how they can sell anything anymore. They did a story on MSNBC a month ago and they've definitely been feeling the pinch. I guess like bands, porn stars make their money touring (strip bars). LOL
 
I've never seen any free feature length porn on the internet. Perhaps these people are in it for the story? :lol:

Also many people are still afraid to buy anything on the internet at all, so maybe that combined with a taste for long-form porn would explain that woman's success.
 
I've never seen any free feature length porn on the internet. Perhaps these people are in it for the story? :lol:

Also many people are still afraid to buy anything on the internet at all, so maybe that combined with a taste for long-form porn would explain that woman's success.

I should have clarified, the porn is for sale, but she does most of the business on rental. A full length dvd, in the sub genre of your choice, that you can watch on your TV in full resolution, for $5.99 for 3 days rental. She does a brisk business. I am sure it has taken a hit, but not as bad as "legitimate" dvd rental. There is no netflix or redbox for porn (that I am aware of).
 
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