All over the world people are worried about the economy, and now some say that the recent downfall could kill the Blu-ray format. Blu-ray defeated HD DVD after this year’s CES and immediately analysts worried whether the surviving format could continue after the wounds inflicted by the war.
Now a worldwide economic crisis awaits the format. If it’s true that many won’t dare to spend money in the coming months, we can expect the Blu-ray Disc Association to feel this in its pockets.
At Technologizer.com they state that consumers will "close their pocketbooks for the foreseeable future", and therefore not spend high amounts on fancy Blu-ray players. Blu-ray players were a hard sell, but still many research firms forecasted a bright future.
Although analysts recently dropped their Blu-ray sales predicition with 25%, and the economy is shrinking, there hasn’t been an official announcement from the Association yet.
If it’s true that Blu-ray was a hard sell in a decent economy, it probably stays the same during the current economic downfall. Are there people here that actually planned to buy a Blu-ray player, but recently decided not to do so?
35 Comments
If Blu-ray is, in fact, holding on by its fingernails, the recent economic slowdown could indeed hurt or even halt its progression.
Sign of the times- people are cutting back on everything not just bluray. It's a matter of priority and also, folks are beginning to see that they need a bit of savings for a cushion...here is the result. Bear in mind this announcement is coming just weeks before "Black Friday" the biggest day of the year for many retailers. Who in their right mind will buy something from Circuit City that is expensive that might need to be covered under warrany?:
"Circuit City Stores Inc. is considering closing at least 150 locations and slash thousands of jobs to avoid filing for Chapter 11 bankruptcy protection, a report said Monday.
A report in the Wall Street Journal said people familiar with Circuit City’s plans said the store closings and job cuts could allow the retailer to liquidate $350 million in inventory that could be used to pay real-estate costs, including leases on abandoned sites. Circuit City, the nation’s second-largest consumer electronics retailer, could then try and renegotiate leases with existing landlords, the report said."
So that being said, I think its gives blu-ray a rather large window for adoption. Even if growth is low the next year or two, as prices come down, it will pick up. HD is here to stay, and HDTV adopting is pretty hefty, which means if prices drop, the people will adopt and HD format for their HDTV's.
P.S. what was the email you sent your question to?
Do we forget any decent priced alternative with similar "good quality" would be an option. Fact is still many households do not have big plasma's nor can afford it. The move to Blu-ray does not mean investing in blu-ray player only but also in movies and a big Tv for many and that will certainly have an effect under current conditions. Life will become more "expensive" once more...
20.000.000 people will loose their jobs in the upcoming months worldwide, that's already quite a group that certainly will not spend couple thousand bucks to upgrade their home to HD...
Including Blu-ray profiles, live content and such not being tuned at this stage (often players not even reference the profile or people do not understand the differences) are a reason why people hold off on making purchases. They are unsure...
It would be perfectly possible for blu-ray players to take things a step further without adding major cost so there actually would be an extra added value (look at HDi HD Center for example which combines DMA with Blu-ray for the same price almost than a stand alone BD player) and unless they start delivering what they can today, they won't make it.
There's no such thing anymore as making progress and adding stuff one thing at a time (profile 1.0 <-> 2.0 and adding divx next step) to make people purchase every step of the way... Currently the Blu-ray players are outbalanced by their price / features, content, announcing no price drops for the holidays and so on... There is no simple explanation except it is clear, Blu-ray is far from a "standard" even though it won over HD DVD... Now let it conquer over its own limitations and price and we might actually get consumers on board...
Cut 50% of the current prices, make them 1 profile, add DMA abilities (H.264, mkv support, internal disk, DVD ISO player, web radio etc...) creating a "one for all" player and you will have a lot more success... There's no added value except some better quality and the average household does not want to pay for that multiple times in purchasing more expensive disks which are mostly released after the DVD version (that looks good enough on an upscaling dvd player) and purchase a 400$ player either...
There's another aspect to look at for the "freaks" of HD...
DMA players supporting BD playback from hard drives are coming very soon... who of the current people considering BD will not take that route if it delivers more playback abilities than DVD and BD alone for a fraction of the price...?
BD is destined to be for Home Entertainment setups only, not for the usual customer like most of us are... it just isn't interesting to take the step and the current financial crisis and uncertain "job" situation for many will not help at all...
I dunno... should we include the online options popping up like mushrooms? I want to see blu-ray succeed but their pricing structure, licensing and abilities are just "too" much of a mess and too less of a value... except for the die hard quality freaks that currently kind of keep blu-ray alive along with the PS3... Take either of both away and gone is Blu-ray...
the link in the article above to technologizer.com has a few sentences about comparing Blu-ray adoption to DVD, saying it is a "faulty analogy". You should read that article, and for the purpose of arguing, you should avoid phrases like "no possible way" "ever" and "anything else".
It's kind of like the classes you can take about "how to take an examination". If a test question choice has the word "never" or "always" in it, don't pick that choice.
Not that arguing about this subject is a matter of life or death, but statements like that can come back and bite you.
Yes, free is good.
DRM-free is good.
Exploding Battery-free is good.
Root Kit-free is good.
Limited Activation-free is good.
I get my DVD+R DL discs for less than a buck each when on sale at Future Shop or Best Buy.
To dovetail off what Crabbyappleton listed about Circuit City, anyone notice how the standard b&m stores since at least about 3 years ago largely stopped putting on REALLY good sales on nice, brand-name merchandise and that even around X-mas the sales are dismal compared to times before that? The b&m retailers have gotten really greedy and have largely stopped passing on nice discounts to consumers by way of the formerly traditional Turkey Day, X-mas and major holiday sales. While it is indirect proof, it is proof indeed that customers haven't propped up such greed, to the extent that a place like Circuit City is in dire straits. Also the direct inference is that while consumers will splurge when economic times are really good (even making the pricey and unnecessary BR slightly more attractive), it's a no-brainer people will walk away from extravagances such as BR and settle for less expensive entertainment at least.
You just woke up from a long sleeping beuaty? Whatsup with copy protection headaces?! If you look DVDFab forum and AnyDVD forum, there are more "problems" for DVD than blu-ray. Both copy protection are the same level of difficulties or otherwise easy to break! And blu-ray extra $$$? Yes it does but not significant contrary to the way you describe it. Go outside more often and you can see that many blu-rays can be bought for only $2 more than its DVD format.
At amazon:
Incredible Hulk DVD (3-discs SE) $22.99
Incredible Hulk Blu-ray (2-discs) $24.95
The Dark Night DVD (2-discs SE & Digital Copy) $22.99 (Preorder)
The Dark Night Blu-ray (Digital Copy & BD Live) $24.95 (Preorder)
Best Buy--- Incredible Hulk Blu-ray $26.99 --- DVD $34.98. ;p
The $1 DVD bargain bins might still get a look-in
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