Newest Review: ... wide gross in brackets. 1. Project X - 8,720,000 ($100,931,865) 2. Mission: Impossible - Ghost Protocol - 8,500,000 ($694,713,380) ... more
Going down the drain...
Member Name: thedevilinme
Advantages: Still alive
When you tap in the word 'Blockbuster' to Google you get a company that unblocks drains, where the video rental company of the same name is heading fast. I think most of us agree that Blockbuster are entering the end game and being bought out by the restructuring company Gordon Brothers Europe is the last step before the vultures pick over the carcass. GBE took on Woolworth and Comet. There is no way back for physical DVD to sell movies and so GBE will simply try and make a small profit from the existing stock and land. Liquidation seems to be their favorite word on their website. Blockbuster will be a pile of bones by the time they have finished with it.
The internet has destroyed the integrity of digital content and people will simple steel music and film wherever and when ever they can. 90% of all music downloaded online is stolen and although it's lower for films because of the size of the bit torrent it's still increasing to the point where it will simply not be a profit model. The entertainment industry simply can't police your computer or laptop like the old security guard would the factory in the old days and so people literally walking through the warehouse doors and helping themselves. Pay-per-view movies on cable has helped them keep going but not enough people rent DVDs at the right price to keep the industry healthy and so its game over for Blockbuster. Supermarkets sell the best selling DVDs and games cut price and so that cuts into the final profit margin that keeps them going.
They tried to stop piracy at the multiplex with more hard to copy 3D movies but the cost of the specs and cinema seats just drives people to steal yet more movies in the comfort of their own home. You would not be surprised to hear the most pirated movies online are mostly expensive blockbusters. You can clearly see it's the young people pinching them by the list below for 2012. Theft has actually pushed up cinema attendance and DVD sales who have taken the hit.
Key - Total Downloads and then the world wide gross in brackets.
1. Project X - 8,720,000 ($100,931,865)
2. Mission: Impossible - Ghost Protocol - 8,500,000 ($694,713,380)
3. The Dark Knight Rises - 8,230,000 ($1,081,041,287)
4. The Avengers - 8,110,000 ($1,511,757,910)
5. Sherlock Holmes: A Game of Shadows - 7,850,000 ($543,848,418)
6. 21 Jump Street - 7,590,000 ($201,585,328)
7. The Girl with the Dragon Tattoo - 7,420,000 ($232,617,430)
8. The Dictator - 7,330,000 ($177,547,352)
9. Ice Age: Continental Drift - 6,960,000 ($875,093,094)
10. The Twilight Saga Breaking Dawn - Part 1 - 6,740,000 ($712,171,856
Renting a big film is much cheaper than cinema and with Blue Ray and these new TVs and Home Cinema set ups you can have a pretty decent film experience at home now. It's a great time to start building your personal DVD collection. Recently Blockbusters popular online Marketplace where you can buy and sell your own DVDs or their ex rentals - for as little as six for ten quid - moved a lot of stock from the now closed branches to the remaining high street branches and offered the same deals. Get down there now guys as you can pick up ex rental films as new as The Help and Carnage for the low price of 99p. This has not happened before and TS Operations - as the new company is now known - are clearly trying to get cash in the till as quick as possible from old stock to get their money back before they begin to squeeze the stores landlords for more rent. The impression I get is there will be more staggered closures using this method until there is nothing left but a husk and so need to carry on. Even though both Northampton stores are profitable and the only retailer renting
The website is as lively as it can be in the company's current deteriorating predicament and doesn't look like it has cut too much from its budget. All the latest offers are there and 'discount' the most prominent, currently up to 50% of games and accessories. Of course Blockbuster was great for road testing video games by renting them for the week and enough people buying them because of that warm up so to keep that particular model working.
Obviously rentals online are a very different ballgame to the high street model and you have to be more patient. I don't like receiving films in envelopes four days later and not looking forward to going through that when the high street store goes. I want to buy three a week in the hand and bring them back the next day. If I get a fine because it's pi**ing down and I don't fancy the walk to the store then I know that money will help the store stay open. Like the high street stores, the online rentals and the older films are often scratched and jump around and you have to go to the store to get them buffed up. Yes you have much better choice ordering online, as you do buying new DVDs there, but internet trade will never substitute touch and feel retailing. They do a 'Click and Collect' service on the website where you can reserve stuff in the stores but rarely is it the case when the film has not been in the high street store. It would be great if you could rent older or more niche films through the website that are not in the store and then pick them up at the store but that would be one expense too many me thinks.
Currently there is a 14 day free trail if you join Blockbuster online or on the high street and you can blitz all the big new movies that way. Online rental has no set return or due dates but you can only have so many movies at once to counter that perk. So it could be five or six days between the films you watch online. What you can't do is watch movies online with Blockbusters. That would open the floodgates even more for stealing content.
Current deals online are four selected Blue Ray titles for a tenner or the 99p thing for films around a year or older and ex rental. The Market Place is great value to buy older movies and I'm building up a stock now. Some of the classic films on DVD have great special features and interesting audio commentaries and so well worth picking up. There are new films here too and Jack Reacher already classed as ex rental and going for six quid, showing just how cutthroat the business is, retail prices merging with rental prices soon. The games for Xbox, DS, Playstation and Wii etc also offer great deals here with up to 50% off some big titles. There has never has been a better time to buy. I'm not a massive fan of surrendering my confidential cc details though and so keep transactions to the minimal. Today's deal of the day is Expendables 2 ex rental for three quid, 50p LESS than its current rental price.
We all know the high street movie chart is nonsense and films simply placed on it because they are new and hyped. The online chart tends to reflect actual rental trends and so the films popularity and so the website helpful there. Online users of Blockbusters are less likely to be fooled by hype and more likely to search online for true film ratings. The website used to offer printable rewards to members but that has gone now. They have a magazine link with some easy competitions, blogs YouTube and Facebook stuff and plenty of hyping their own stock features. You can make and rate your own lists of films you have seen to help other members or list those you want to see.
===Basic rental packages online===
'Top Ticket' refers to a guarantee on films you pick. 'Unlimited Movie Exchange' refers to swapping an online rental for one in the store although no time limit given on that exchange. There are other rental plans available. Its obviously cheaper renting online on volume as you can get one film after another regardless of your set monthly fee but you have to rent at least two movies a week witht eh more expensive packages to get your movies worth, maybe not what you want to do in the summer.
£5.99 per month - One disc at a time plus in-store unlimited movie exchanges plus one top ticket options.
£9.99 per month - Two discs at a time plus in-store unlimited movie exchanges plus two top ticket options.
£14.99 per month - Three discs at a time plus in-store unlimited movie exchanges plus three top ticket options.
Summary: I will miss my high street rentals..