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Audio/Video, Home Video

Home Video Sales and Rentals Strong Despite Recession

DVDs
High gas prices and Internet downloads and bears oh my!

Home video sales and rentals are remaining strong in the face of an increasingly weak economy and challenges from Internet movie downloading and streaming services. It seems that the lure of on-demand entertainment and new technologies (Blu-ray) is still a tantalizingly potent brew.

DVD and Blu-ray sales are up 1.6% from the first half of 2007, with sales totaling $10.77 billion for the first half of 2008. Rental spending rose from $3.8 billion from the first six months of 2007 to $3.9 billion in 2008. Compare that with a total of $118 million in digital downloads last year and the hype surrounding the downfall of traditional entertainment sales quiets a bit.

Look. People need entertainment. It's still a whole lot cheaper to buy a DVD or two than it is to go out for dinner and a movie. And it's still a better deal to rent a DVD, which you usually get to keep for at least a week, than it is to rent a downloaded movie, which you only have 24 hours to watch once you press Play.

Mystery solved. [Source: Hollywood Reporter, via Yahoo]

iPod, iPhone

Is Europe Getting a Better iPhone Next Week?

Time for the Apple Rumor Mill to Get Started Again
Get the rumor mills rollin'! Apple has sent out an invite to a September 18th press conference at the Regent street Apple store in London. There is no indication as to what the event could be about on the invitation itself -- only a cryptic headline, "Mum is no longer the word," graces the top. We'll take it upon ourselves to start the wild speculation.

Rumor number one, Beatles on iTunes.
Jobs keeps toying with us. We've been waiting oh, so patiently (and some of us not so patiently). London seems as good a place as any to announce this long-speculated news, but we feel like Apple would probably choose a bigger venue for this announcement.

Time for the Apple Rumor Mill to Get Started AgainRumor number two, movie rentals on iTunes.
There seems to have been a bit of a slip up and Apple accidentally uncorked its movie rental plans last week. No confirmation yet, but not much point in denying their desire to launch such a service.

Rumor number three, TV show price drop.
If, and this is a big if, Apple can get the studios on board for this price drop, then we may be getting our TV fixes on iTunes for a lot less by this time next week.

Rumor number four (and our favorite), iPhone goes 3G.
Our friends at Engadget think Apple will not only announce the iPhone for Europe, but it will run on Europe's high-speed 3G network, which is quite a bit faster than the Edge network that the iPhone runs on stateside. Will Americans revolt? Will they insist they, too, get high-speed iPhone data transmissions?

From Engadget

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