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Old 02-25-2008   #16
Ken S
Super Member
 
Join Date: Aug 2007
Location: West Bloomfield, Michigan
Posts: 147
Exclamation Studios Are Trying to Stop DVDs From Fading to Black

From The New York Times, Monday February 25, 2008:
http://www.nytimes.com/2008/02/25/bu...dia/25dvd.html

Partial quote: "But the victory of Sony’s new Blu-ray high-definition disc over a rival format, Toshiba’s HD DVD, masks a problem facing the studios: the overall decline of the DVD market. Domestic DVD sales fell 3.2 percent last year to $15.9 billion, according to Adams Media Research, the first annual drop in the medium’s history. Adams projects another decline in 2008, to $15.4 billion, and a similar dip for 2009.

So instead of celebrating the Blu-ray format — which remains a nascent business — the studios are scrambling to introduce an array of initiatives aimed at propping up the broader market. Some efforts, like the addition of new interactive features and changes in how DVDs are packaged and promoted, are intended to prevent further market erosion while nurturing Blu-ray. "
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Don't these people realize that the economy is faltering and most people do not have discretionary income for this kind of purchase? People are losing their homes!
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