It's official! DVD Rentals topped VHS rentals last week!
06-19-03, 06:11 PM
#1
DVD Talk Legend
Thread Starter
It's official! DVD Rentals topped VHS rentals last week!
From Yahoo/Reuters:
http://story.news.yahoo.com/news?tmp...leisure_dvd_dc
Yay!!
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.
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.
06-19-03, 06:32 PM
#3
adamblast,
Damn, where the hell do you live?
Damn, where the hell do you live?
06-19-03, 08:56 PM
#5
DVD Talk Special Edition
Join Date: May 2003
Location: Clarkston, MI
Posts: 1,877
Likes: 0
Received 0 Likes
on
0 Posts
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.
06-19-03, 09:20 PM
#6
DVD Talk Limited Edition
Join Date: Apr 2000
Location: Korova Milkbar
Posts: 5,435
Likes: 0
Received 0 Likes
on
0 Posts
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!
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!
06-20-03, 01:40 PM
#11
DVD Talk Legend
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.
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.
