Elephant in the Blu-ray room: The Economy - Blu-ray Forum

DEMCAD · 10-21-2008, 08:39 PM

With this severe economic downturn, is it realistic to think that people will pay 35 dollars for a home video (blu ray).

I own over 550 DVDs, recently purchased a Playstation 3 and several blu ray movies. I don't think that blu ray can go mainstream if stores like Best Buy and Circuit City continue to sell blu rays movies for 30 and 35 dollars.

The third quarter retail numbers were horrible and it looks like people aren't going to be spending much this holiday season, because of the fears of a recession.

Blu ray prices MUST come down.

I'm talking...
DVD $15
Blu ray $20

dadkins · 10-21-2008, 08:43 PM

Quote:

Originally Posted by DEMCAD

With this severe economic downturn, is it realistic to think that people will pay 35 dollars for a home video (blu ray).

I own over 550 DVDs, recently purchased a Playstation 3 and several blu ray movies. I don't think that blu ray can go mainstream if stores like Best Buy and Circuit City continue to sell blu rays movies for 30 and 35 dollars.

The third quarter retail numbers were horrible and it looks like people aren't going to be spending much this holiday season, because of the fears of a recession.

Blu ray prices MUST come down.

I'm talking...
DVD $15
Blu ray $20

$35?
I buy my BDs at Best Buy, and rarely meet or exceed $29.95.
You may be surprised at the dollars to be spent this Holiday Season - just because of the fact of the possibly impending recession.

matthewrounds · 10-21-2008, 08:46 PM

I think you will find most people on this forum do not spend more than $25 on new releases and many won't even spend $20. It all comes down to where you shop. Most prefer ebay, tower, amazon, etc.

hardcorefrokid · 10-21-2008, 08:55 PM

I get my movies at Fry's and Best Buy, most I have every payed for a single Blu-ray is $25. I won't buy a movie if it's over $25, I feel like I'm getting ripped off if I buy a movie over $25.

It would be nice if the limit price for Blu-ray's is $20, that would be heavenly... But, it will happen, remember DVD's when they first came out? They where the same price as Blu's now.

CptGreedle · 10-21-2008, 08:59 PM

A.. new members that think they have the answer...

Well besides the fact that we already know where to get them cheaper, the prices have been dropping and will continue to drop. Also, the economy has had little effect on the entertainment industry in the past. In fact, Blu-ray has been booming despite the recent fall. The entertainment industry is one of those that are resistant to economic turmoil.

Yes, we all want cheaper prices, but just wait till black friday next month. Prices will drop a lot to promote the format, for both movies and players.
The concern I have is with HDTVs. They are being effected by the market, which means fewer are being sold for now. I feel it will not stop sales, just slow them down. The TVs will have to go down in price drastically which will in turn promote Blu-ray. But when, I don't know.

DEMCAD · 10-21-2008, 09:15 PM

"The entertainment industry is one of those that are resistant to economic turmoil."

Really, if you believe that, you're delusional.

The problem is that too many mainstream stores are overpricing these blu rays.

Septimus Prime · 10-21-2008, 09:20 PM

Don't worry. If you can find them, you can still buy HD DVDs for cheap.

Beta Man · 10-21-2008, 09:20 PM

Not only do I not see blu-rays for $35...... I don't have a clue what an "Elphant" is

dobyblue · 10-23-2008, 06:08 PM

Quote:

Originally Posted by DEMCAD

"The entertainment industry is one of those that are resistant to economic turmoil."

Really, if you believe that, you're delusional.

The problem is that too many mainstream stores are overpricing these blu rays.

Delusional?

Did you see the sales for the Blu-ray Disc of Iron Man?
Did you see the Box Office receipts for The Dark Knight while gas was at 4.99/gallon?

I'd say it's been pretty bloody resistant throughout all economic turmoils of the last 100 years. Just because the economy will limit the scope of movies getting green-lighted, it hasn't slowed down the box office or the retail/rental departments.

supercutz · 10-23-2008, 06:29 PM

Quote:

Originally Posted by DEMCAD

"The entertainment industry is one of those that are resistant to economic turmoil."

Really, if you believe that, you're delusional.

The problem is that too many mainstream stores are overpricing these blu rays.

Someone needs a history lesson.

supersix4 · 10-24-2008, 07:22 PM

Quote:

Originally Posted by dadkins

$35?
I buy my BDs at Best Buy, and rarely meet or exceed $29.95.
You may be surprised at the dollars to be spent this Holiday Season - just because of the fact of the possibly impending recession.

same I always shop at bestbuy

.... AS for the OP would be more then happy to scan you a book that I found in one of my dvd cases from 2000, where all the movies inside are 19.95(only like 3 are this cheap)-29.95 and this is 4 years after dvd came out

it will take awhile just as it has done with other formats for the prices to realllllllllly come down

Marquoz · 10-21-2008, 10:34 PM

Quote:

Originally Posted by DEMCAD

With this severe economic downturn, is it realistic to think that people will pay 35 dollars for a home video (blu ray).

I own over 550 DVDs, recently purchased a Playstation 3 and several blu ray movies. I don't think that blu ray can go mainstream if stores like Best Buy and Circuit City continue to sell blu rays movies for 30 and 35 dollars.

The third quarter retail numbers were horrible and it looks like people aren't going to be spending much this holiday season, because of the fears of a recession.

Blu ray prices MUST come down.

I'm talking...
DVD $15
Blu ray $20

Didn't I just see the new Bond movies released at Target for $19.99 each? That meets the price point you are asking for. It's already happening with sales and coupons. It requires a little legwork and clicking on a couple links in our hot deals forum, but almost ANY new release can be had for $20-25 on Blu-ray.

Petra_Kalbrain · 10-21-2008, 11:34 PM

Quote:

Originally Posted by DEMCAD

With this severe economic downturn, is it realistic to think that people will pay 35 dollars for a home video (blu ray).

I own over 550 DVDs, recently purchased a Playstation 3 and several blu ray movies. I don't think that blu ray can go mainstream if stores like Best Buy and Circuit City continue to sell blu rays movies for 30 and 35 dollars.

The third quarter retail numbers were horrible and it looks like people aren't going to be spending much this holiday season, because of the fears of a recession.

Blu ray prices MUST come down.

I'm talking...
DVD $15
Blu ray $20

Let me guess........ fellow Canadian, right?

Canadian prices on Blu-ray in-store at any major retailer are always $30-$35. If we are lucky, the price will drop by $3-$5 after 40 weeks of being available.

That is why Amazon.com was such an awesome resource before they went and decided to not lube up before bending us over their kitchen sink with the new "import fee" nonsense!

dialog_gvf · 10-22-2008, 12:24 AM

Quote:

Originally Posted by Petra_Kalbrain

Canadian prices on Blu-ray in-store at any major retailer are always $30-$35. If we are lucky, the price will drop by $3-$5 after 40 weeks of being available.

That is why Amazon.com was such an awesome resource before they went and decided to not lube up before bending us over their kitchen sink with the new "import fee" nonsense!

Don't forget the Rodney Dangerfield the Canuck Buck has gotten in the last two weeks.

MAPdead · 10-22-2008, 12:38 AM

Recently I have seen new releases of blu rays on sale cheap during their first week out maybe you should pick them up then. I never pay of 25 bucks for a blu ray unless its a box set.

Petra_Kalbrain · 10-22-2008, 01:21 AM

Quote:

Originally Posted by dialog_gvf

Don't forget the Rodney Dangerfield the Canuck Buck has gotten in the last two weeks.

Even at $0.84 CAD to the U.S. $1, Amazon.com + shipping always provided me with a $5-$10 per title savings. Now, that import fee makes it about the same price from Amazon.com when taxes come into play.

Anthony P · 10-22-2008, 01:35 AM

Quote:

He means its a problem nobody wants to adress

but it is not a problem. if it is a problem then he should prove it. At this point, like a drunk guy, he sees a pink elephant and for some reason he thinks the rest of us don't want to deal with it. Like I said in the post you quoted and like many others have said, every time in history bad times lead to movie booms and not busts. And all the data so far shows the same is happening this year and not only for BD (where it would be hard to show since it is an emerging standard and so will naturally have growth) but for DVD and studios.

jd213 · 10-22-2008, 05:36 AM

He's just parrotting all the bloggers that have been posting chicken little "the economy is going to kill Blu-ray" stories based on wishful speculation. They all conveniently ignore the fact that the entertainment industry does great in recessions.

bluskiff · 10-23-2008, 11:50 PM

I hate it when I go into futureshop and the new blu of the week is front racked
with a 34.99 price tag on it. The sale price is really 29.99 but the store was to lazy to put the right price on. All this does is scare away buyers I never pay over 29.99 for a blu. I was at futureshop last week poltergeist was 34.99 I went to walmart it was 22.99 I think futuershop are doing this on purpose.

sparksj · 10-24-2008, 06:35 PM

I have never had a problem spending even $39.99 for a BR disk. Granted, I would not spend this much for ever. But I understand that new technology costs money. Hell I remember when Blank DVDs cost $20 each. Now I can get a box of 30 for $9.99.

Anyway, it's all how you look at it. I have three kids. When I take them to the local thearter (which only charges $4 per ticket) I spend $16 dollars just to get them in. Then they all "HAVE" to have popcorn and candy. They sell a kids package for $4.95 each. So that's $15 more. Then I might want a coke and Candy ($5 more). So now I'm up to $36.00.

So you see, in my mind, I can just go buy the movie for $25,00 - $29.00 and save about $10. And I still get to watch the movie multiple times.

I guess you could argue that I had to buy a PS3 and a nice TV too, but those are not just used for movies. So in a sense, I would have gotten those anyway.

10-21-2008, 08:39 PM	#1
DEMCAD New Member Member since:Jul 2008	Elephant in the Blu-ray room: The Economy With this severe economic downturn, is it realistic to think that people will pay 35 dollars for a home video (blu ray). I own over 550 DVDs, recently purchased a Playstation 3 and several blu ray movies. I don't think that blu ray can go mainstream if stores like Best Buy and Circuit City continue to sell blu rays movies for 30 and 35 dollars. The third quarter retail numbers were horrible and it looks like people aren't going to be spending much this holiday season, because of the fears of a recession. Blu ray prices MUST come down. I'm talking... DVD $15 Blu ray $20

10-21-2008, 09:15 PM	#6
DEMCAD New Member Member since:Jul 2008	Get Real "The entertainment industry is one of those that are resistant to economic turmoil." Really, if you believe that, you're delusional. The problem is that too many mainstream stores are overpricing these blu rays.

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10-21-2008, 08:46 PM	#3
matthewrounds Expert Member Member since:Apr 2007 Location:Tucson, AZ Home Theater Gallery:19 Blu-ray collection:52 Trading Score:21	I think you will find most people on this forum do not spend more than $25 on new releases and many won't even spend $20. It all comes down to where you shop. Most prefer ebay, tower, amazon, etc.

10-21-2008, 08:55 PM	#4
hardcorefrokid Power Member Member since:Sep 2008 Location:Southern California Blu-ray collection:97 Blu-ray reviews: 16	I get my movies at Fry's and Best Buy, most I have every payed for a single Blu-ray is $25. I won't buy a movie if it's over $25, I feel like I'm getting ripped off if I buy a movie over $25. It would be nice if the limit price for Blu-ray's is $20, that would be heavenly... But, it will happen, remember DVD's when they first came out? They where the same price as Blu's now.

10-21-2008, 08:59 PM	#5
CptGreedle Blu-ray Ninja Member since:Jul 2007 Location:Sworn super-hero now services Atlanta (and suburbs). Blu-ray collection:128 Blu-ray reviews:5	A.. new members that think they have the answer... Well besides the fact that we already know where to get them cheaper, the prices have been dropping and will continue to drop. Also, the economy has had little effect on the entertainment industry in the past. In fact, Blu-ray has been booming despite the recent fall. The entertainment industry is one of those that are resistant to economic turmoil. Yes, we all want cheaper prices, but just wait till black friday next month. Prices will drop a lot to promote the format, for both movies and players. The concern I have is with HDTVs. They are being effected by the market, which means fewer are being sold for now. I feel it will not stop sales, just slow them down. The TVs will have to go down in price drastically which will in turn promote Blu-ray. But when, I don't know.

10-21-2008, 09:20 PM	#7
Septimus Prime Blu-ray Samurai Member since:Jan 2008 Blu-ray collection:164 Trading Score:2	Don't worry. If you can find them, you can still buy HD DVDs for cheap.

10-21-2008, 09:20 PM	#8
Beta Man Moderator Top contributor Member since:Jan 2008 Location:Juuuuuuuust A Bit Outside.... Home Theater Gallery:4 Blu-ray collection:268 Blu-ray reviews: 18 Trading Score:25	Not only do I not see blu-rays for $35...... I don't have a clue what an "Elphant" is

10-22-2008, 12:38 AM	#15
MAPdead Power Member Member since:Jun 2008 Location:North Carolina 4K collection:918 Blu-ray collection:2683 Blu-ray reviews:23	Recently I have seen new releases of blu rays on sale cheap during their first week out maybe you should pick them up then. I never pay of 25 bucks for a blu ray unless its a box set.

10-22-2008, 05:36 AM	#18
jd213 Special Member Member since:Sep 2007 Location:less than 10 minutes from Akihabara	He's just parrotting all the bloggers that have been posting chicken little "the economy is going to kill Blu-ray" stories based on wishful speculation. They all conveniently ignore the fact that the entertainment industry does great in recessions.

10-23-2008, 11:50 PM	#19
bluskiff Expert Member Member since:Jul 2007 Blu-ray reviews: 23	I hate it when I go into futureshop and the new blu of the week is front racked with a 34.99 price tag on it. The sale price is really 29.99 but the store was to lazy to put the right price on. All this does is scare away buyers I never pay over 29.99 for a blu. I was at futureshop last week poltergeist was 34.99 I went to walmart it was 22.99 I think futuershop are doing this on purpose.

10-24-2008, 06:35 PM	#20
sparksj Active Member Member since:Nov 2007	I have never had a problem spending even $39.99 for a BR disk. Granted, I would not spend this much for ever. But I understand that new technology costs money. Hell I remember when Blank DVDs cost $20 each. Now I can get a box of 30 for $9.99. Anyway, it's all how you look at it. I have three kids. When I take them to the local thearter (which only charges $4 per ticket) I spend $16 dollars just to get them in. Then they all "HAVE" to have popcorn and candy. They sell a kids package for $4.95 each. So that's $15 more. Then I might want a coke and Candy ($5 more). So now I'm up to $36.00. So you see, in my mind, I can just go buy the movie for $25,00 - $29.00 and save about $10. And I still get to watch the movie multiple times. I guess you could argue that I had to buy a PS3 and a nice TV too, but those are not just used for movies. So in a sense, I would have gotten those anyway.

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