[newsimage]http://static.rankone.nl/images_posts/2012/03/grrB07.jpg[/newsimage]According to market researcher IHS, legally downloaded movies will outperform disc-based movies for the first time ever in 2012. The group believes online movies transactions will more than double this year, hitting 3.4 billion. Purchases of Blu-ray and DVD movies will fall for the second straight year to 2.4 billion, with a slow descent expected over the next five years. Read the full article here: [http://www.myce.com/news/u-s-online-movies-to-top-physical-media-in-2012-60581/](http://www.myce.com/news/u-s-online-movies-to-top-physical-media-in-2012-60581/) Please note that the reactions from the complete site will be synched below.
That’s interesting, because Australia still has no decent (comparably priced) online movie sites, and nothing with decent HD, and better yet most of the population cannot be guaranteed a wired 1.5Mb/s internet connection. I’m not getting into wireless tech because an unreliable, over-subscribed common bandwidth connection barely rates as broadband.
With the huge rush to sell consumers big HiDef TVs & HiDef bluray/HDDVD players, the move to low bitrate 1080p streaming movies over high jitter, low bandwidth broadband connections is a great leap backwards in product quality and consumer control, exactly what the movies industry wanted, a clear distinction from consumer product and master prints, and consolidation of complete control of their product, with complete disregard for the consumer experience. It’s the music situation all over again.
I’d like to think that intelligent people can learn from other peoples mistakes, rather than lighting themselves on fire to see what happens. The MPAA is certainly lacking in genius.
I’m boycotting the cinema for the next month or so, all that’s on are either butchered remakes/plotless sequels filled with over-the-top CGI effects, or 3Dified old films, our just more crappy teenage rip-off comedies.
I bore of everybody and their mother’s predictive abilities. I remember when everyone saw the writing on the wall and that the PC would eventually become the hub in the living room replacing the television. I remember the writing on the wall when video phone was supposed to replace phones. I remember the writing on the wall when PCs were supposed to be overtaken by laptops. There are many people out there that like to own their media, physically. I for one, am one of those dinosaurs. You pseudo-journalists, journalists and bloggers can keep talking about the cloud all you want, that dream of yours will not be realized in your lifetime.
CharmedonWB – Thanks for reading, but the post has nothing to do with my personal opinion. I’m just reporting on something an analyst said. Of course you’re free to disagree with his findings/assessment of the current state of digital vs. physical movie transactions and what it means for the future, but this wasn’t an editorial.
Those who read the writings on the walls are most likely the ones who write on walls.
The major flaw in the reasoning here is the assumption that one replaces the other. Over-all, movie “purchases” (or rentals) are up, WAY up. It’s just as likely that many consumers use both digital and discs, and will continue to do so. The MPAA is pushing hard to do away with discs and disc rentals, but that doesn’t mean it will happen.
CDan – It’s not that black and white, and that’s not really what the analysis conveys, either:
“Two bright spots do remain for the traditional formats, added the analyst. Consumers will spend some 4.3 billion hours watching Blu-ray and DVD movies in 2012, but only 3.2 billion hours with online movies. Additionally, total revenue from online-based movies will represent just a fraction of what physical formats make: $1.7 billion to $11.1 billion, respectively.”
So while digital viewing has grown considerably the last couple years (and will continue to grow), physical mediums still make more money and viewing time. I don’t think any studio wants DVDs and Blu-ray discs to disappear, since those make them more money!
[QUOTE=Justin_Massoud;2627470]CharmedonWB – Thanks for reading, but the post has nothing to do with my personal opinion. I’m just reporting on something an analyst said. Of course you’re free to disagree with his findings/assessment of the current state of digital vs. physical movie transactions and what it means for the future, but this wasn’t an editorial.[/QUOTE]
Sorry Justin, my post was not in any way directed towards you, rather I was referring to these “analysts” who love making these predictions and parade them off as factual. It is one thing to say current trends suggest that blah blah blah it’s another thing to say, “We are looking at the beginning of the end of the age of movies on physical media like DVD and Blu-ray.”
CharmedonWB – Gotcha. As far as analyst’s predictions go, it’s safe to say you should always take them with a grain of salt. As solid as their data is, no one can predict the future.
This is great, renting movies over say, Cable-TV networks from an online movie store, this has been going on for a while over here, and now that a lot of people here have 100Mbit fiber, cable this is possible. Even ADSL users have the opion to rent as the largest telephone company here rolled out its IPTV service with online video store.
A lot of people use it. Quality might not be the best but it is nice to just have everything there, at the touch of a button. Simple, good enought quality, and lots of movies, TV-series and so on to choose from. I would say the problem is not IF they would outpreform rentals, but rather how much are the cable companys and so on push for this, and invest money. To upgrade the networks.
I find that internet access in most or europe (compared to the nordic region) is crazy expencive and speeds are slow, this is a setback for IPTV and these services. It’s even worse in the U.S, canada, australia and new zeeland.
Over here, 100/100Mbit fiber is anywhere from 30USD to 50 USD per month (no traffic limit)
And Cable is more expencive but still 100/30Mbit is aprox 45USD to 75 USD (no traffic limit)
ADSL2+ and VDSL2 is aprox 50USD to 60 USD per month, no traffic limits.
So to sum it up, LEECHERS paradise in other words.
so IPTV over here is catching on fast, allso web-TV where you can with a set-top box access online sites of the TV-companys to stream things to your TV.
[QUOTE=Dennis_Olof;2627574]Over here, 100/100Mbit fiber is anywhere from 30USD to 50 USD per month (no traffic limit)[/QUOTE]
I pay 20$ for 100MB/no traffic limit per month.
[QUOTE=Gummigutta;2627575]I pay 20$ for 100MB/no traffic limit per month. :D[/QUOTE]
I pay $60au ($65us) for adsl2, 150 GB, uploads count against quota, and regularly get 8-9 Mb/s synch speed. My connection is much faster than the median & mean speeds in Australia. On a good day, I typically get 800-900KB/s with a decent server.
That’s 6x CD speed. Streaming low definition + stereo sounds, without buffering interrupting movies, is just about achievable.