China’s high piracy rate has grown to such an extent that Warner Home Video now intends fighting it by lowering its prices to compete with pirated versions. It has made a deal with Paramount and DreamWorks Animation to sell DVDs at just 22 Yuan (~US$2.90). The first two movies to be released under the new pricing include Transformer’s and Shrek the Third.
At this price, they hope that Chinese consumers will think twice of choosing lower-quality pirated products. On the other hand, with such a low price tag, it clearly shows just how low the movie studios are actually able to sell movies for, at least in China anyway. However, it is very unlikely that they will try dropping prices in other countries.
7 Comments
Most popular headlines
Repeat UK file sharers to be banned (2)
- Wednesday 28 October 22:56 by Randomus
- Piracy
Internet users in the United Kingdom accused of illegally sharing copyrighted music and movie files will face stiff penalties, starting with warning letters that will lead to bandwidth restrictions, according to media reports from the UK.
Nintendo to launch larger screen DSi
- Wednesday 28 October 01:35 by Randomus
- Game Consoles
Nintendo is expected to launch a new DSi hand-held gaming device in Japan that has a larger screen, as the company tries to increase sales in the hand-held gaming market it once dominated.
T-Mobile offers no contract phone plan
- Tuesday 27 October 22:46 by Randomus
- Mobile Phones
In an effort to better compete with Verizon Wireless and AT&T, T-Mobile has introduced new no-contract wireless plans that include unlimited voice services.
2 new Roku boxes launched for Netflix & more
- Tuesday 27 October 21:50 by JaredNewman
- Online Video
Roku's streaming set-top set-top boxes now come in three flavors, adding new features as well.
