MikeB said:
I have only seen unit sale comparisons in this thread so far. And BTW how much did the average DVD title sell for in 1999? And if you take into account inflation?
|
Lets say for your example that DVD sales were initially priced with inflation costs to be the same as blu ray movies are now. They are still 3 HUGE factors that you are forgetting.
1. THE ECONOMY right now. All needs to be said.
2. You will also find a lot of people rebought their VHS on DVD because of the size, quality and most old movies typically found 8-10 dollars. Heck DVD is fine enough that I won't be rebuying any of my movies except like LOTR or something like that.
3. Renting Business. It is so much easier now with netflix and stuff that people don't buy movies typically as much.
Of course point 2 isn't factored in until later in life, and the most important right now is POINT 1. Heck just heard on news today that when taking in jobs census thingy again that another 500k jobs will be expected down again from last census.