The current economic situation and its impact on Blu-ray - Blu-ray Forum

rghuxley · 10-08-2008, 04:08 PM

Could the current economic woes cause those people who wanted to buy Blu decide not to and what impact could that have? I keep hearing that retail stores are all but empty. I really hope this doesnt hurt Blu-Ray, but I am fearful that it could have an enormous impact.

On the bright side, maybe it would cause the prices to fall. I guess we'll have to wait and see.

I for one have had to reassess which Blus I am really going to buy. It's not as much as before. I trimmed my list of Must Haves from 15 to about 6 or 7.

kpkelley · 10-08-2008, 04:11 PM

There have been reports to the contrary. They've been saying that since people are traveling less, they are spending more on home entertainment.

davidxiphoid · 10-08-2008, 04:19 PM

It's possible, but I just had 2 friends buy Blu Ray Players over the last few weeks but they have said they will be choosy with Blus for economic reasons.

personally I have not stopped buying but i also have paired down my list of must haves to 'def must have' and 'will have to wait'. My job just gave us the gloom and doom report of no yearly bonus this year that usually pays for my summer vacation.

So I can get every blu I want or save some cash and still take that vacation in August. I gotta get some beach time so some Blus will have to wait

Lucy Diamond · 10-08-2008, 04:39 PM

I stopped buying everything else.

Blu is my one indulgence at least until Little Big Planet comes out.

But yeah...guitar gear has come to a screaching hault and I'm not upgrading my computer either.

Man...I DO need a good winter coat though

davidxiphoid · 10-08-2008, 04:45 PM

Quote:

Originally Posted by Lucy Diamond

I stopped buying everything else.

Blu is my one indulgence at least until Little Big Planet comes out.

But yeah...guitar gear has come to a screaching hault and I'm not upgrading my computer either.

Man...I DO need a good winter coat though

agh I feel your pain. A new Jackson guitar and more tattoo work is now dunzo until further notice and those were def on my 'to do' list within the next few months. Nothing more sad than a Koi with no color

sardaukar1977 · 10-08-2008, 04:50 PM

Hasn't stopped me, I slowed down on buying BD's because I am trying to save money, and buying 5 to 10 BD's per week wasn't helping, lol.

To be honest, I don't think the economic downturn will affect BD sales that much. I mean gas prices have gone down, for now "fingers crossed" so now people have a little more money for entertainment.

Well that's my 2 cents worth.

DetroitSportsFan · 10-08-2008, 04:56 PM

I believe the economy will slow down Blu adoption.

kefrank · 10-08-2008, 05:01 PM

Quote:

Originally Posted by rghuxley

I really hope this doesnt hurt Blu-Ray, but I am fearful that it could have an enormous impact.

At the risk of sounding pious, I think there are much more important victims of the current economic situation to worry about than the Blu-ray format. That being said, I think the far-reaching effects on Blu-ray and many other retail sectors remains to be seen, but the potential for damage is certainly there.

Blu_Dude · 10-08-2008, 05:05 PM

Quote:

Originally Posted by davidxiphoid

It's possible, but I just had 2 friends buy Blu Ray Players over the last few weeks but they have said they will be choosy with Blus for economic reasons.

personally I have not stopped buying but i also have paired down my list of must haves to 'def must have' and 'will have to wait'. My job just gave us the gloom and doom report of no yearly bonus this year that usually pays for my summer vacation.

So I can get every blu I want or save some cash and still take that vacation in August. I gotta get some beach time so some Blus will have to wait

I'm also being frugal given the severe economic slump.

theprophecy247 · 10-08-2008, 05:08 PM

i def stopped, or trimmed i only buy the ones i really want, i missed out on some great ones from sept cuz im broke lol

SellmeyourDVD · 10-08-2008, 05:34 PM

I've actually started buying more. The only things i buy are either blu-rays and video games and as of late video games just arn't as tentalizing as what they once were.

rghuxley · 10-08-2008, 06:35 PM

I was sooo jazzed the other day b/c I was headin out to buy Iron Man on Blu, but my wife asked me to wait until our bills were paid to see how much was left for carry over. That was a first! I know it's going to be hard b/c there are so many I want to have. I have had to move my Godfather purchse until Christmas instead of getting it when it came out. I really want the Blu format to succeed b/c I think it is vastly superior to anything that is out there or ever will be out.

Damn you Fannie and Freddie Mac!

I wonder if Toshiba and their HD DVD had something to do with it. LOL!!!!

Teabaggins · 10-08-2008, 06:39 PM

Quote:

Originally Posted by Lucy Diamond

Man...I DO need a good winter coat though

have you thought about gluing/stapling your blu ray covers together to make said winter coat? it would make a statement, keep you warm(er), and people would know you are down with the blu

fighthefutureofhd · 10-08-2008, 07:49 PM

he'll be down with the blue alright. blue fingers, blue toes, blue hands, blue pen... well you get the picture.

Anthony P · 10-09-2008, 01:21 AM

Traditionally speaking bad economic times is good for entertainment.

Some of the reasons
-Like o given above, save the money on something more expensive (like a trip) and use it for something that is cheaper and brings enjoyment now (a movie)
- An other is that what do you do, look at the gloomy face of the guy beside you, watch TV and be interrupted every few minutes to be told that your savings are disappearing? Or escape watching a movie (like Iron man where the good guy wins)
- Put your savings in the bank and watch them diminish or spend some of that money you would lose on your investment and enjoy it, instead of it just disappearing

It all depends on exactly how it will end up, but my guess is that there is a better chance that it will help BD then hurt it.

Forrestandjen07 · 10-09-2008, 02:00 AM

I dont buy blu ray movies any more, as it dosent make sense economicly now becuase i got laid off,and becuase at one $30 purchase, i can get two months service from netflix and all the blus i want

Ive had to cut away alot of my goodies, and it sucks

mightypen · 10-09-2008, 12:39 PM

Its definitely going to hurt hd adoption, which in turn will lower expectations for hd accessories like blu-ray.

hc666 · 10-09-2008, 02:27 PM

Quote:

Originally Posted by Anthony P

Traditionally speaking bad economic times is good for entertainment.

This is true. Many ppl will stay home more now and watch movies instead of travelling, going to the theatre...etc.

rghuxley · 10-09-2008, 02:35 PM

I wonder if we'll see more Blu deals going on to continue to grow the medium.

york weir · 10-09-2008, 02:46 PM

I won't be buying anything unnecessary right now with the current economic times. I'll be hoarding all the money I can for an emergency fund given the fact that I am a Wachovia, I mean Citi, I mean Wells, errr Wachovia employee.

I can't imagine with people staying at home that the cost of a luxury item like blu-ray will increase peoples spending on those items.

10-08-2008, 04:08 PM	#1
rghuxley Active Member Member since:May 2008 Blu-ray collection:505 Blu-ray reviews:5	The current economic situation and its impact on Blu-ray Could the current economic woes cause those people who wanted to buy Blu decide not to and what impact could that have? I keep hearing that retail stores are all but empty. I really hope this doesnt hurt Blu-Ray, but I am fearful that it could have an enormous impact. On the bright side, maybe it would cause the prices to fall. I guess we'll have to wait and see. I for one have had to reassess which Blus I am really going to buy. It's not as much as before. I trimmed my list of Must Haves from 15 to about 6 or 7.

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10-08-2008, 04:11 PM	#2
kpkelley Blu-ray Ninja Top contributor Member since:Aug 2007 Location:Framingham, MA 4K collection:385 Blu-ray collection:2478 Digital collection:113 Blu-ray reviews: 152	There have been reports to the contrary. They've been saying that since people are traveling less, they are spending more on home entertainment.

10-08-2008, 04:19 PM	#3
davidxiphoid Special Member Member since:May 2007 Location:I live in D.C. Blu-ray collection:88 Trading Score:47	It's possible, but I just had 2 friends buy Blu Ray Players over the last few weeks but they have said they will be choosy with Blus for economic reasons. personally I have not stopped buying but i also have paired down my list of must haves to 'def must have' and 'will have to wait'. My job just gave us the gloom and doom report of no yearly bonus this year that usually pays for my summer vacation. So I can get every blu I want or save some cash and still take that vacation in August. I gotta get some beach time so some Blus will have to wait

10-08-2008, 04:39 PM	#4
Lucy Diamond Blu-ray Champion Top contributor Member since:Apr 2008 Location:The Tomb of Annihilation 4K collection:- Blu-ray collection:- DVD collection:- Digital collection:- Blu-ray reviews: 2 Trading Score:3	I stopped buying everything else. Blu is my one indulgence at least until Little Big Planet comes out. But yeah...guitar gear has come to a screaching hault and I'm not upgrading my computer either. Man...I DO need a good winter coat though

10-08-2008, 04:50 PM	#6
sardaukar1977 Expert Member Member since:Mar 2007 Location:Dallas, Texas Blu-ray collection:779 Blu-ray reviews:1	Hasn't stopped me, I slowed down on buying BD's because I am trying to save money, and buying 5 to 10 BD's per week wasn't helping, lol. To be honest, I don't think the economic downturn will affect BD sales that much. I mean gas prices have gone down, for now "fingers crossed" so now people have a little more money for entertainment. Well that's my 2 cents worth.

10-08-2008, 04:56 PM	#7
DetroitSportsFan Hot Deals Moderator Top contributor Member since:Aug 2007 Location:Michigan 4K collection:439 Blu-ray collection:2226 Trading Score:93	I believe the economy will slow down Blu adoption.

10-08-2008, 05:08 PM	#10
theprophecy247 Special Member Member since:May 2008 Location:Shadow Moses Islands Blu-ray collection:42 Blu-ray reviews:5	i def stopped, or trimmed i only buy the ones i really want, i missed out on some great ones from sept cuz im broke lol

10-08-2008, 05:34 PM	#11
SellmeyourDVD Blu-ray Guru Member since:Apr 2008 Blu-ray collection:125 Trading Score:11	I've actually started buying more. The only things i buy are either blu-rays and video games and as of late video games just arn't as tentalizing as what they once were.

10-08-2008, 06:35 PM	#12
rghuxley Active Member Member since:May 2008 Blu-ray collection:505 Blu-ray reviews:5	I was sooo jazzed the other day b/c I was headin out to buy Iron Man on Blu, but my wife asked me to wait until our bills were paid to see how much was left for carry over. That was a first! I know it's going to be hard b/c there are so many I want to have. I have had to move my Godfather purchse until Christmas instead of getting it when it came out. I really want the Blu format to succeed b/c I think it is vastly superior to anything that is out there or ever will be out. Damn you Fannie and Freddie Mac! I wonder if Toshiba and their HD DVD had something to do with it. LOL!!!!

10-08-2008, 07:49 PM	#14
fighthefutureofhd Blu-ray Baron Member since:Jun 2008 Location:Dry County	he'll be down with the blue alright. blue fingers, blue toes, blue hands, blue pen... well you get the picture.

10-09-2008, 01:21 AM	#15
Anthony P Blu-ray Count Member since:Jul 2007 Location:Montreal, Canada	Traditionally speaking bad economic times is good for entertainment. Some of the reasons -Like o given above, save the money on something more expensive (like a trip) and use it for something that is cheaper and brings enjoyment now (a movie) - An other is that what do you do, look at the gloomy face of the guy beside you, watch TV and be interrupted every few minutes to be told that your savings are disappearing? Or escape watching a movie (like Iron man where the good guy wins) - Put your savings in the bank and watch them diminish or spend some of that money you would lose on your investment and enjoy it, instead of it just disappearing It all depends on exactly how it will end up, but my guess is that there is a better chance that it will help BD then hurt it.

10-09-2008, 02:00 AM	#16
Forrestandjen07 Blu-ray Guru Member since:Jul 2008 Blu-ray collection:54	I dont buy blu ray movies any more, as it dosent make sense economicly now becuase i got laid off,and becuase at one $30 purchase, i can get two months service from netflix and all the blus i want Ive had to cut away alot of my goodies, and it sucks

10-09-2008, 12:39 PM	#17
mightypen Banned Member since:Jan 2008 Blu-ray collection:46	Its definitely going to hurt hd adoption, which in turn will lower expectations for hd accessories like blu-ray.

10-09-2008, 02:35 PM	#19
rghuxley Active Member Member since:May 2008 Blu-ray collection:505 Blu-ray reviews:5	I wonder if we'll see more Blu deals going on to continue to grow the medium.

10-09-2008, 02:46 PM	#20
york weir Special Member Member since:Nov 2007	I won't be buying anything unnecessary right now with the current economic times. I'll be hoarding all the money I can for an emergency fund given the fact that I am a Wachovia, I mean Citi, I mean Wells, errr Wachovia employee. I can't imagine with people staying at home that the cost of a luxury item like blu-ray will increase peoples spending on those items.

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