Posted on Saturday 2 July 2005
BusinessWeek online has an informative article on the entertainment industry’s current DVD-sales woes. The reasons for the sales slump are obviously speculative, but some of the guesses are interesting to consider. At the core of this problem is: What are people doing with their leisure time (assuming they aren’t so tired from the long workweeks that they have the energy to do anything more than sit in front of the tube)?
One interesting bit from the article:
During its first quarter, ending May 28, Best Buy said it saw revenue declines for DVD sales that were “comparable” to the double-digit sales hikes it reported for video-game sales.
With the continued press about the growth in casual gaming, I’m wondering if the “fragmenting market” comment isn’t the most accurate. And perhaps some of those casual gamers who might be part of a new fragment are moving onto the harder stuff. I’m curious to know how many are female. And how many make their way to There or The Sims Online.
First it was Box Office, Now DVD Sales Slumping Too?
There has been a lot of talk about the sluggish box office for recently released movies, but now BusinessWeek is reporting sluggish DVD sales as well (End of the DVD Party?). This is not good news for Hollywood, as many…