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Best Buy Chases the IP Video Grail

postedPosted in Business, Stuff on May 18th, 2010 by glennm

http://ht.ly/1MLDU

The largest U.S. consumer electronics retailer said Tuesday that it will start renting and selling the latest video releases over high-speed Internet connections by the end of this month. It will compete against an array of other similar services offered by Wal-Mart Stores, Amazon.com Inc., Netflix Inc., Apple Inc. and Blockbuster Inc.

Guess that Best Buy never heard the In Search of Excellence maxim “Stick to your knitting.”  Here’s betting they do about as well as Wal*Mart and Blockbuster, namely FAIL.

Posted via email from glenn’s posterous

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Reality for Real?

postedPosted in Cyberspace, Lawyers, Guns & Money, Tech Bytes on September 11th, 2008 by glennm

Wow, I’ve blogged in the past about how Real Networks’ devotion to subscription music distribution was an archaic business model. Now, Rob Glaser and company are about to launch a new software product that, if ruled lawful under the DMCA, may revolutionize movie distribution. Real Networks Throws Down the DVD Copy Gauntlet [FT.com]. In a post-Napster legal environment, however, it is fair to say that no one can predict with certainty how these sorts of issues will play out. But if Cablevision can offer a remote-storage DVR on the theory that users are copying, not the device’s software, there is a good chance Real is right. Good luck and Apple TV watch out now!

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The DVD Eats Hollywood

postedPosted in Business, Pop Art, Tech Bytes on January 4th, 2004 by glennm

According to The Hollywood Reporter, in 2003 domestic theatrical revenue fell for the first time in 11 years. If this suggests that Americans are going to the movies less frequently, I certainly agree. Forget about the price, poor service and surly refreshment clerks, the simple fact is that there are only a handful of movies released every year that justify going out to see. Not when DVD and home theater technology have progessed to the point where most films are better viewed in the living room, rather than the movie theater. In short, 2003 was “the year when DVDs ate Hollywood.”

Jack Valenti and the MPAA are worried about Internet file-sharing eroding the movie industry. I would think that Hollywood needs to be concerned more about the movie theater experience itself becoming a relic of history.

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