Comments on: New Release Delays: Redbox Could be Getting Company

By: Netflix Agrees to 28-Day New Release Delay | Inside Redbox

Netflix Agrees to 28-Day New Release Delay | Inside Redbox — Thu, 07 Jan 2010 21:04:07 +0000

[...] few months back, we brought you word that several studios were mulling a Redbox-style delay on all new release titles. Speculation at least partially came to an end yesterday with the news that Netflix and Warner [...]

By: Netflix Wants a 50% Discount for Delayed Releases | Inside Redbox

Netflix Wants a 50% Discount for Delayed Releases | Inside Redbox — Tue, 10 Nov 2009 17:22:20 +0000

[...] the only DVD renter that has a pricing/distribution arrangement Hollywood finds unacceptable. We reported a few weeks ago that several major studios are trying to impose a 30-day rental embargo on all new [...]

By: Joe Schmuck

Joe Schmuck — Fri, 30 Oct 2009 00:09:14 +0000

PHYSICAL: Video-rental chain has trouble paying rent
By Danny King — Video Business, 10/29/2009
OCT. 29 | PHYSICAL: Movie Gallery might close as many as 450 of its eponymous and Hollywood Video stores, or about 14% of its total, by the end of the year, as the No. 2 U.S. movie-rental chain struggles against increasing kiosk and by-mail sales by competitors such as Redbox and Netflix.

Movie Gallery, which has about 2,900 units, has closed 250 stores since the beginning of last month and might close another 200 by year end, the company confirmed today. The company has said it would shut 200 of its Game Crazy stores this month.

Movie Gallery has faced growing competition from U.S. movie-rental kiosk leader Redbox and by-mail leader Netflix since emerging from Chapter 11 in May 2008. In the past few weeks, Movie Gallery set up a “real estate hotline” for its landlords that promised a 48-hour response to their inquiry, implying the chain has had trouble keeping up with its rent payments. One landlord told Video Business that the chain was 20 days late paying rent to him.

The closures were reported by Bloomberg News earlier today.

By: dru

dru — Thu, 29 Oct 2009 00:43:48 +0000

Greed is before a fall.Why can a movie get made for 12,000 dollars and make 20 million in a weekend? It’s time to give the people a break.

By: Casey4147

Casey4147 — Wed, 28 Oct 2009 22:31:00 +0000

Anybody remember the early days when a movie first came out it was MSRP’ed at a hundred bucks on VHS? Funny thing is, it sold for maybe $30 on LaserDisc, a format that delivered better picture quality. The studios must have been raking it in then, to the cost of the rental industry. And six months later the price on the VHS dropped and it started showing up for sale in stores. They continued this trend into the early days of DVD, where you could pick up a DVD of a new release immediately but if you wanted tape you had to wait. That didn’t last too long and the field was leveled.

How history repeats itself… and those that do not learn from it are doomed to repeat it.

By: me4girls

me4girls — Wed, 28 Oct 2009 16:03:26 +0000

Just because the studio execs want to make more money doesn’t mean the rest of us have it in our budget to give it to them. So waiting an extra month won’t mean I will go buy an over priced movie. I will still continue to buy those that I know I will like (mainly kids movies) and wait for the rest to be available for rent.

By: Mark

Mark — Wed, 28 Oct 2009 03:01:47 +0000

Obviously most people don’t care if new releases don’t arrive in kiosks until a month later. But so the studios care? No, because probably all they need is 1 of every 10 would-be-renters to buy instead, and they make much more money. The other 9 they wouldn’t have made much money on anyway.

By: pjnewsjunkie

pjnewsjunkie — Wed, 28 Oct 2009 00:10:43 +0000

Just like Will Ferrell & friends complain about health insurance executives making too much money I think they make too much money. Entertainment is a stress reliever, it’s good for anxiety, depression and procrastination. They already charge too much for theaters, DVD’s and preminum cable channels (which are useless anyways) and overall movie quality has been bad too. Which leaves me to Redbox: even though it’s a buck it’s still hard to find a movie. With the economy getting worse and entertainment money tightening studios should be happy anyone wants to rent let alone buy.

By: rachel

rachel — Tue, 27 Oct 2009 15:41:23 +0000

of course fewer people are purchasing movies, it seems like you no sooner get a good collection going and then they introduce it on a new system. don’t get me wrong I’m all for new technology I’m just not gonna spend a ton of money on something I can rent for cheap.

By: Scott

Scott — Tue, 27 Oct 2009 15:36:23 +0000

OK, so the big studio’s want rental consumers to wait two weeks while they try and sell their new releases. Fine.

Scenario – ‘Up’ is scheduled for release on Nov 9, 2009. ‘Up’ was originally released on May 29, 2009. The wait to dvd time is 6 months. Why would I care, as a dvd rental consumer, that the title I want to rent is pushed back 2 weeks. So big f’n deal that the wait is now 6.5 months instead of 6 months.

IMHO, there isn’t a shit load of difference between 26 weeks and 28 weeks.