Blu-ray and DVD sales - We're number 2, but we try harder
#1301
DVD Talk Reviewer & TOAT Winner
re: Blu-ray and DVD sales - #2, but we try harder
I would've bought the 3D Iron Man 3 if the price were lower, but I'll just wait for it to drop. Target doesn't even seem to be carrying it.
#1303
re: Blu-ray and DVD sales - #2, but we try harder
Are you talking about Iron Man 3? The 2D version is ringing up $19.96 at Walmart. YMMV, but there are plenty of reports of this being a common price. They had released a small ad in the Parade magazine last week with the lower prices. My store changed them yesterday afternoon.
#1304
DVD Talk Legend
re: Blu-ray and DVD sales - #2, but we try harder
Are you talking about Iron Man 3? The 2D version is ringing up $19.96 at Walmart. YMMV, but there are plenty of reports of this being a common price. They had released a small ad in the Parade magazine last week with the lower prices. My store changed them yesterday afternoon.
#1305
DVD Talk Special Edition
re: Blu-ray and DVD sales - #2, but we try harder
IM3 week will not be the next reported week, but the one after. Since IM3 will be going up against Avengers (released the same week last year), the YoY metric for that week is not going to be pretty. Blu-ray did $88 million on Avengers week. IM3 also suffers from a promotional disadvantage. No store exclusives and, with the exception of Walmart, is being priced very meh everywhere (and even Walmart's price I think is just ringing up low and not really being widely advertised)
This is true, as Blu-ray really only has a big when a movie like that gets released. DVD has a bigger week as well, but it's selling base is so wide that strong new releases don't affect the weekly metrics so much. Also, Blu-ray has much bigger market shares on these kinds of movies so it "steals" sales from DVD, so to speak.
Star Trek was available on Blu-ray everywhere for less than $20, so even the boycotters caved, lol.
This is true, as Blu-ray really only has a big when a movie like that gets released. DVD has a bigger week as well, but it's selling base is so wide that strong new releases don't affect the weekly metrics so much. Also, Blu-ray has much bigger market shares on these kinds of movies so it "steals" sales from DVD, so to speak.
Star Trek was available on Blu-ray everywhere for less than $20, so even the boycotters caved, lol.
#1306
DVD Talk Special Edition
re: Blu-ray and DVD sales - #2, but we try harder
Hopefully Amazon will get around to matching Walmart's price, but they may decide to not bother since Walmart's price isn't widely advertised anyway and limited to in-store purchases.
#1307
DVD Talk Special Edition
re: Blu-ray and DVD sales - #2, but we try harder
Owning movies is getting hit by a double whammy: 1) owners realizing how underutilized their collection is and 2) competition from streaming and other forms of digital entertainment that eats up people available time to watch their collection.
I look at my collection now and think, "wow, what a waste of money". I don't regret buying the Criterion movies though because those I do watch more than the others and I love to watch the special features on them. For for the others, I just see number of unwatched movies growing as I get sucked in by the Xmas sales, and with price erosion being what it is, it's kinda dumb to buy movies that you're not going to watch anytime soon.
I look at my collection now and think, "wow, what a waste of money". I don't regret buying the Criterion movies though because those I do watch more than the others and I love to watch the special features on them. For for the others, I just see number of unwatched movies growing as I get sucked in by the Xmas sales, and with price erosion being what it is, it's kinda dumb to buy movies that you're not going to watch anytime soon.
A lot of the movies I watch, I just don't feel the need or desire to see them a second time. I've been with Netflix since mid 2009 (I think I joined in August), and out of all the movies I’ve rented from them, there’s only a very small handful that I’ve actually gone out and bought. I just don’t have that desired to rewatch a movie once I’ve seen it. Now, there are movies I own that I consider favorites and I do watch these multiple times, but for the most part I’m completely satisfied with that initial viewing.
#1308
DVD Talk Godfather
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re: Blu-ray and DVD sales - #2, but we try harder
Stuff like that has always sold well on any format. Star Trek II was one of the first lower-priced VHS releases after all. Glad to see the early 'digital' release of Star Trek Into Darkness didn't hurt disc sales of it too much, which was probably what it was intended to do.
IM3 week will not be the next reported week, but the one after. Since IM3 will be going up against Avengers (released the same week last year), the YoY metric for that week is not going to be pretty. Blu-ray did $88 million on Avengers week. IM3 also suffers from a promotional disadvantage. No store exclusives and, with the exception of Walmart, is being priced very meh everywhere (and even Walmart's price I think is just ringing up
I kept getting tempted by STID in the $18 range, but had such mixed feelings about the movie, and I never did end up getting the first movie (which I really enjoyed) in any format. I liked the itunes deal of the two STs in HD for $25 but don't have my home theater set up to play itunes files.
I think the only new releases I buy any more are family, premium TV (HBO/Cinemax), and gifts. Physical media has lost its appeal for me.
#1309
DVD Talk Hall of Fame
re: Blu-ray and DVD sales - #2, but we try harder
You're probably just indicative of the way things are eventually going to go. I don't deny the huge convenience of streaming, and I think eventually, it's where most people will end up. The future is a-coming, whether I like it or not.
#1312
DVD Talk Legend
re: Blu-ray and DVD sales - #2, but we try harder
BD accounts for 37%. Iron Man 3 was released that week? (ie. geek factor again).
BD is down 47% from the same time last year, so either last year had a bigger geek factor... or more people are streaming.
BD is down 47% from the same time last year, so either last year had a bigger geek factor... or more people are streaming.
#1313
DVD Talk Special Edition
re: Blu-ray and DVD sales - #2, but we try harder
Last year was Avengers week. Also I think IM3 sales were throttled by the lack of aggressive retailer pricing which is typical on these types of movies. I believe Disney wanted to keep the price high (by selling it at a higher wholesale price to retailers, the days of "loss leader" DVD pricing is long gone) as one of there many "experiments" and obviously it backfired.
#1314
Banned by request
re: Blu-ray and DVD sales - #2, but we try harder
Is there any data that would show % of households that are streaming? I'd be curious to know if that's really on the increase or if we just say it is when DVD/Blu sales drop.
#1315
DVD Talk Limited Edition
Thread Starter
re: Blu-ray and DVD sales - #2, but we try harder
Last year was Avengers week. Also I think IM3 sales were throttled by the lack of aggressive retailer pricing which is typical on these types of movies. I believe Disney wanted to keep the price high (by selling it at a higher wholesale price to retailers, the days of "loss leader" DVD pricing is long gone) as one of there many "experiments" and obviously it backfired.
That "Avenger's BR" sales week had $68 Million just for the Avenger's BR all by itself, that is going to be hard to compete with no matter what BR tittle it is.
Last edited by Iron_Giant; 10-09-13 at 01:19 PM.
#1317
DVD Talk Ultimate Edition
#1318
DVD Talk Hero
re: Blu-ray and DVD sales - #2, but we try harder
Last year was Avengers week. Also I think IM3 sales were throttled by the lack of aggressive retailer pricing which is typical on these types of movies. I believe Disney wanted to keep the price high (by selling it at a higher wholesale price to retailers, the days of "loss leader" DVD pricing is long gone) as one of there many "experiments" and obviously it backfired.
Comparing sales to the same week last year doesn't provide a very strong yard stick since sales are skewed by major releases. I would suspect that book sales and music sales follow a similar pattern where sales spike when big sellers are released, then drop during slow weeks.
#1319
DVD Talk Legend
re: Blu-ray and DVD sales - #2, but we try harder
Right, but you can say the same thing about a week-to-week comparison. The only reason why the sales increased over the previous week was due to IM3 being released. At least with this particular year-over-year comparison, it was more apples-to-apples as the geek factor was high for both weeks.
#1320
DVD Talk Special Edition
re: Blu-ray and DVD sales - #2, but we try harder
If we take out $20 million from the $47 million in IM3 week and apply it to "base sales", then IM3 generated about $27 million, or, figuring an average sales price of $23.00, about 1.2 million in sales.
1.2 million units in sales for a comic book movie with a $409 million domestic box office gross is pathetic. It should have been closer to 2 million units. This is the biggest release of the year by far on Blu-ray, so that's why I think the higher than normal retail pricing really hurt sales. It should be rather obvious.
#1321
DVD Talk Ultimate Edition
re: Blu-ray and DVD sales - #2, but we try harder
1.2 million units in sales for a comic book movie with a $409 domestic gross is pathetic. It should have been closer to 2 million units. This is the biggest release of the year by far on Blu-ray, so that's why I think the higher than normal retail pricing really hurt sales. It should be rather obvious.
#1322
DVD Talk Special Edition
re: Blu-ray and DVD sales - #2, but we try harder
Yes, but blu-ray generated $46.5m this week, $35.5m last week, but was down from the week last year.
Comparing sales to the same week last year doesn't provide a very strong yard stick since sales are skewed by major releases. I would suspect that book sales and music sales follow a similar pattern where sales spike when big sellers are released, then drop during slow weeks.
Comparing sales to the same week last year doesn't provide a very strong yard stick since sales are skewed by major releases. I would suspect that book sales and music sales follow a similar pattern where sales spike when big sellers are released, then drop during slow weeks.
#1323
DVD Talk Special Edition
re: Blu-ray and DVD sales - #2, but we try harder
Exactly, the reason why IM3 didn't move more sales was the ridiculous buy in price. I don't even have my copy yet because I would rather wait for something more reasonable. Disney needs to understand that they can't price everything at Vault Diamond Collection type pricing.
#1325
DVD Talk Special Edition
re: Blu-ray and DVD sales - #2, but we try harder