View our Product Guide
Electronic House Newsletter   View sample
 
Popular Stories
View Home of the Year '09.
Recent Comments
Jerry (11/21, 06:18 PM)
Tony (11/21, 10:40 AM)
sunlcd (11/21, 10:21 AM)
sunlcd (11/21, 10:20 AM)
ugg cardy boots (11/21, 09:58 AM)
Recent Slideshow Galleries
9 Green (and Great!) TVs Paris Theme Illuminates Home Theater 20 Great Looking Racks DIYer Spends 3 Years Researching Theater 6 Products to Watch for in November The Holiday Gift Guide 2009 20 Leading Flat-Panel TVs 10 Manliest Man Caves The Best Blu-ray Releases of November 7 More Wiring Nightmares Inside Halloween Park’s Haunted House 16 Scary DVDs We’re Waiting for on Blu-ray 17 Scary Blu-rays for Halloween Careful Planning Keeps 12K-Square-Foot Home Running Smoothly N.Y. Yankees Pitchers Dig Home Theater Drastic Theater Reconfiguration Includes Hiding Bay Window
Info and Answers Feature
7 Ways to Slay Your Power Vampires
7 Ways to Slay Your Power Vampires
Standby power wastes energy and money, but there are easy ways to save.

Themed Home Theaters
View Designing a Death Star Theater
Designing a Death Star Home Theater
Three separate rooms, one starfield, and a life-sized Han Solo are just a few of the things that help two super "Star Wars" fans get their geek on in this theater.

Site Sections
Services
Retailers
Blu-ray, DVD Sales Are Down
Studios are hoping the holidays can save 2008 sales numbers.
November 21, 2008 | by Rachel Cericola

Despite the economy, movie stars still take home a nice paycheck. However, for once it seems that consumer spending is finally hitting Hollywood in the pocketbook.

Don’t worry; Brad, Angelina and the brood certainly won’t starve. However, a report in The New York Times says that DVD sales are down, and even if the studios won’t admit it, Hollywood is starting to feel the financial crunch.

Warner Bros. says that DVD sales are down about 4 percent this year. However, Nielsen says its more like 9 percent overall. Blu-ray sales, while still growing, will miss sales projections by about 25 percent. DVD and Blu-ray sales can often account for 70 percent of a film’s revenue.

It’s not all high prices and low incomes, though. The Times also says that part of the problem is that studios love to flood the market with offbeat titles. In other words, there’s too much stock and shoppers want to be selective. In the case of Blu-ray, many consumers are still wondering whether or not the technology “will stick,” which is a big waiting game.

Don’t feel too bad. Execs say even in tight times, the DVD market is still doing a lot better than most media companies. Plus, price drops on Blu-ray players and new releases such as “Wall-E,” “The Dark Knight” and “Hancock” should all help fuel end-of-the-year sales. Also, they can always fall back on box-office receipts as well. After all, didn’t “The Dark Knight” just hit the $1 billion mark?



About the Author:
Rachel Cericola - Contributing Writer
Over the past 15 years, Rachel Cericola has covered entertainment, web and technology trends. Check her out at www.rachelcericola.com.



Article Topics
Popular Tags
Social Bookmark   less


Comments (3) Most recent displayed first.
Posted by andrew  on  11/26/08  at  09:22 AM

They don’t blame piracy because people don’t want to buy those crappy summer flicks that came out. Too many bad movies not enough good ones.

We have the excruciating Sec and The City for sale meanwhile Warner discontinues The Wizard Of Oz dvd, an alltime classic.

Posted by Noel  on  11/22/08  at  01:25 PM

Oh don’t be fooled, it’s always the pirates.

Posted by Wim  on  11/22/08  at  08:39 AM

I was wondering when they were going to blame piracy but it’s not even mentioned ;-)



Post a Comment

Name:

Email:


View comment guidelines

Remember my personal information

Notify me of follow-up comments?

Please answer the question below:

Type the first letter of the word "stereo":





Learn more about products and solutions from tech companies.
Electronic House magazine's 2009 Best Homes of the Year special.
Electronic House reviews the coolest products of the year.
Visit the Electronic House Ideas store & get more out of your home!

Stay up-to-date with home electronics. Get your print subscription today.
Weekly email offers tips, info and product news.
Subscribe today!
Get the content that's important to you.
More about RSS.
Electronic House is now available in a digital edition. Learn more.
About us Advertise Magazine Newsletters Digital issues EH Publishing Privacy policy Contact us
 Copyright © 2006 EH Publishing. All rights reserved.
EH Network: CE Pro TecHome Builder ChannelPro ProSoundWeb Church Production Electronic House Expo Worship Facilities Expo