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It's official! DVD Rentals topped VHS rentals last week!

It's official! DVD Rentals topped VHS rentals last week!

 
Old 06-19-03, 07:11 PM
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It's official! DVD Rentals topped VHS rentals last week!

From Yahoo/Reuters:

http://story.news.yahoo.com/news?tmp...leisure_dvd_dc
DVD Rentals Top Videocassettes for First Time
5 minutes ago

LOS ANGELES (Reuters) - Weekly rentals of DVDs outpaced videos for the first time last week, an industry group said on Thursday, as movies and entertainment on disks continued their steady conquest over VHS videocassettes.

Encino, California-based Video Software Dealers Association said 28.2 million DVDs were rented in the week ended June 15 compared with 27.3 million VHS cassettes.

"Since the advent of video rental 25 years ago, videocassettes have been the dominant format for video rental. Just over six years since its launch, DVD has supplanted that pioneering technology in the rental market," said VSDA President Bo Andersen.

Since their launch in 1997, DVDs -- which offer crisper digital pictures, clearer sound and last longer -- have steadily made gains against the older, video technology.

DVD sales have eclipsed video sales, and just this past March, the weekly revenue from DVD rentals exceeded VHS rental revenue for the first time, according to VSDA.
Yay!!
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Old 06-19-03, 07:22 PM
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Our local Hollywood video is still about 70% VHS, as far as floor and wall stock is concerned.

Sounds like they need to get on the ball...
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Old 06-19-03, 07:32 PM
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adamblast,

Damn, where the hell do you live?
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Old 06-19-03, 09:47 PM
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The Blockbuster here looks like it's about 50-50
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Old 06-19-03, 09:56 PM
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I thought DVD beat out VHS awhile ago. Guess I was wrong. The Blockbuster I live by is 50/50 as well. They've even combined VHS & DVD into the genres. If this hasn't allready happened in other stores.
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Old 06-19-03, 10:20 PM
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Well, I haven't stepped foot in Blockbuster in over three years (good riddance) but... It's good news... I guess... How many of these rentals are fool frame though, I wonder...

On a related note... Some people, still, won't go DVD until there is no other choice. I'm an A/V geek slash tech support dude for a university medical center... I had a conversation today with a woman in the neurology department who wanted to buy a DVD player that was sale locally for... $59.00. She stated that since it said CD-R/CD-RW on the box that "finally, DVD players can record, so I'm buying one". After I told her the skinny (including the prices on an average consumer DVD recorder), she replied, "well, then I guess I won't be buying a DVD player now". So, you see, some people still don't own a player and won't budge for whatever reason... Even at a $59.00 price point. She did tell me about a nice 4 head VCR that she wanted... < smiley dammit!
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Old 06-19-03, 10:48 PM
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some are talking about hd-dvd taking over when even VHS is still live and kicking.
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Old 06-20-03, 12:00 AM
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This is excellent news, bring on the DVD!
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Old 06-20-03, 08:34 AM
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I would've thought this would've happened a while ago as well. VHS seems so...90's!
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Old 06-20-03, 02:19 PM
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The Top 25 DVD rentals have been out renting VHS for about a year now.

Most video stores have more old VHS than old DVD movies. Old VHS must make up alot of the Rentals.
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Old 06-20-03, 02:40 PM
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Originally posted by Iron_Giant
The Top 25 DVD rentals have been out renting VHS for about a year now.

Most video stores have more old VHS than old DVD movies. Old VHS must make up alot of the Rentals.


Hundred and hundreds of well-known classics have yet to appear on DVD, so any video store that has depth in its VHS inventory will do quite well for now with VHS rentals. Those places that basically only stock new releases and high profile hits better realize very quickly that it's DVD or else.
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