{"id":1040,"date":"2008-11-28T19:35:29","date_gmt":"2008-11-29T01:35:29","guid":{"rendered":"http:\/\/michaelsiegel.net\/?p=1040"},"modified":"2008-11-28T19:46:08","modified_gmt":"2008-11-29T01:46:08","slug":"desperation-strikes-deep","status":"publish","type":"post","link":"https:\/\/michaelsiegel.net\/?p=1040","title":{"rendered":"Desperation Strikes Deep"},"content":{"rendered":"<p>The economy must be <i>really<\/i> bad.  Amazon.com is slashing DVD prices to levels I had not even imagined.  Batman Begins for $4, Spiderman 2 for $2.  Seasons of the Simpsons for $15.  That&#8217;s 60% off or more.<\/p>\n<p>My cursory glance at other categories doesn&#8217;t show nearly as incredible deals.  Of course, I&#8217;m not looking too closely. I&#8217;m buying a house and moving, so a $2 DVD is the extent of my splurging ways.  But what&#8217;s up with the DVD sales?<\/p>\n<p>Part of this is must be that the sellers have massive inventory.  DVD sales have been <a href=\"http:\/\/www.newyorker.com\/online\/blogs\/jamessurowiecki\/2008\/11\/when-the-librar.html\">slumping<\/a> for reasons having nothing to do with the economy.  I think a lot of stores have stacks of unsold DVDs that they ordered in anticipation of the DVD revolution continuing for all eternity.  It may finally be dawning on them that <i>no one<\/i> needs two copies of <i>Happy Gilmore<\/i>; in fact most people don&#8217;t even need one.  So they&#8217;re desperate to shed them.<\/p>\n<p>Selling DVDs dirt cheap will obviously solve this.  I normally wouldn&#8217;t have bought <i>Spiderman 2<\/i>, which I thought was a mediocre movie.  But at $2, slightly more than a 16-oz coke, I&#8217;m willing to get it just in case I have a son who gets into Spiderman or my nephew visits or I feel the sudden light night urge to see Kirsten Dunst &#8220;act&#8221;.<\/p>\n<p>I also think the sellers are, mistakenly, thinking that Blu-Ray is going to be their next big thing.  So if they can clear inventory to set up Blu-Ray sales, that&#8217;s a win.  However, I agree with  <a href=\"http:\/\/www.reelviews.net\/php_reelthoughts_template.php?identifier=519\">Beradinelli&#8217;s<\/a> that the sellers are overestimating the potential of Blu_Ray.  I&#8217;m a semi-technophile and have yet to buy a Blu-Ray player.  I probably will, but even then, the only movies I&#8217;ll buy in Blu-Ray will be new ones.  I might replace some visually spectacular titles in my library (<i>LOTR, The Godfather<\/i>, etc.) but I see absolutely no reason to plonk down $20 to get a slightly nicer version of <i>This Is Spinal Tap<\/i>.<\/p>\n<p>The next big collapse is going to be video stores and big box stores like Best Buy.  It&#8217;s already started, with Circuit City and Hollywood Video scaling back. But Best Buy, in particular, is overbuilding.  They just opened a store here in New Braunfels despite having stores in San Marcos and Schertz (15 miles either way).  That&#8217;s a company long overdue for a market correction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The economy must be really bad. Amazon.com is slashing DVD prices to levels I had not even imagined. Batman Begins for $4, Spiderman 2 for $2. Seasons of the Simpsons for $15. That&#8217;s 60% off or more. My cursory glance at other categories doesn&#8217;t show nearly as incredible deals. Of course, I&#8217;m not looking too &hellip; <a href=\"https:\/\/michaelsiegel.net\/?p=1040\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Desperation Strikes Deep<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1040","post","type-post","status-publish","format-standard","hentry","category-culture"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2BzKF-gM","_links":{"self":[{"href":"https:\/\/michaelsiegel.net\/index.php?rest_route=\/wp\/v2\/posts\/1040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/michaelsiegel.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michaelsiegel.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michaelsiegel.net\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/michaelsiegel.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1040"}],"version-history":[{"count":0,"href":"https:\/\/michaelsiegel.net\/index.php?rest_route=\/wp\/v2\/posts\/1040\/revisions"}],"wp:attachment":[{"href":"https:\/\/michaelsiegel.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michaelsiegel.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michaelsiegel.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}