DVDs are dying right as streaming has made them appealing again
Redbox, a DVD rental kiosk company, is closing due to its parent company's bankruptcy. This mirrors a decline in physical media as streaming services dominate. Consumers face uncertainties about content access and quality.
Read original articleRedbox, known for its DVD rental kiosks, is shutting down as its parent company, Chicken Soup for the Soul Entertainment, filed for bankruptcy. The move signifies a decline in the DVD industry, with many businesses exiting the market due to the rise of streaming services. Redbox's closure comes amidst a trend where physical media is becoming less profitable, leading to challenges for DVD and Blu-ray enthusiasts. The shift towards streaming has made accessing content more unpredictable and unreliable, with concerns about content availability and alterations. While streaming offers convenience, some consumers appreciate the certainty and quality of physical media like DVDs. The closure of Redbox reflects a broader shift away from physical media, raising questions about the future of home entertainment and the impact of streaming industry dynamics on consumer choices. Despite the convenience of streaming, some individuals still value the tangible experience and reliability of DVDs, highlighting a changing landscape in the entertainment industry.
Related
Redbox missed a multimillion-dollar payment it couldn't afford to miss
Redbox misses $16.7 million payment to NBCUniversal, facing financial distress and potential bankruptcy. Parent company, Chicken Soup for the Soul Entertainment, struggles with debt, legal issues, and unpaid bills, leading to job terminations and business closure. CEO fires board amidst turmoil.
Redbox Owner Chicken Soup for the Soul Files for Chapter 11
Chicken Soup for the Soul Entertainment, parent of Redbox, files for Chapter 11 bankruptcy due to financial struggles from a debt-heavy deal with Redbox and challenges in the disc rental market. Company seeks funding for payroll and medical benefits amidst $970 million debt.
Sony Is Killing the Blu-ray, but Physical Media Isn't Dead Yet
Sony is discontinuing recordable optical media production, focusing on digital formats. Blu-ray discs for games and movies will continue for corporate clients. The industry shifts towards digital, impacting physical media availability.
Sony kills off recordable Blu-ray for consumer market, B2B to continue
Sony discontinues consumer Blu-ray and optical disk production, focusing on business clients. Shift towards cloud storage due to optical disc limitations. Restructuring for profitability amid declining physical media demand, maintaining corporate and film industry production.
Say Goodbye to Redbox
Redbox, under Chapter 7 bankruptcy, will close, laying off 1,000 employees and shutting 24,000 kiosks. Financial struggles, competition with streaming services, and failed asset sales led to this outcome, impacting customers.
The local charity shops sell movies for €1 each, and boxed-sets of TV-series are typically no more than €5 each. I even managed to pick up a decent DVD player to sit under my TV for €25, used.
Before this I used to stream to a chromecast, with VLC, but it was always a bit of a pain. Now I can pop in a disk, or tell my child to do the same, and hit play and everything just works.
Streaming services are pretty, but you can't rely on them for keeping content available, and it's risky to get sucked into a new show that might get cancelled after one, or two, series. Much better, for me, to watch all those other shows that are complete, or nostalgic.
At least I could (thanks to DeCSS etc) rip the content off and write it to a blank disc to improve the experience... There are probably ways to do the same with Netflix content these days though, I guess.
Edit; I don’t think I mean ‘producer’ here but I do not know what the word is; for books I guess publisher?
Like the Alien for example, some parts are on Netflix, some are not. Meaning i have to buy like 5 different subscriptions to be able to watch everything i want.
Or even better one, Dr House. I don't think we had it streamed in our country, so the only way to watch it was to pirate.
Its bad how the platforms are right now.
Torrenting has for some media become the only way of acquiring it at all.
It's not always about piracy, especially when buying used discs has become so cheap.
But ultimately the publisher will stop selling new movies on DVD or Blu-ray, etc, so it wont save us.
It's honestly the best way to watch things today, and probably the best way to watch things in all history (although Netflix DVD was cheaper if you watched more than 3 movies a month). It's cheaper than video rental stores used to be and no more expensive than RedBox, but you don't have to go anywhere.
That's why RedBox is dead. Of course RedBox wasn't killed by Netflix -- Netflix doesn't compete with them at all. It's Amazon/YT Payperview that killed them, I assume.
Yeah, streaming sucks, but a la carte pay per view is amazing and underrated. And I emphasize again, it's cheap -- it only seems expensive compared to streaming, but it's cheaper than rentals used to be in video stores, which IIRC also cost $3, but that was 25 years of inflation ago.
No need to fiddle with buying additional devices to hook up to your tv - anything with an hdmi cable will play an mp4 directly on your display of choice. You already have a desktop, or a laptop, or a tablet, or something. No worrying about scratched discs. No worrying about regions or whatever.
DVDs were a stopgap and they deserve to die, in my book. “DVDs vs streaming” is a false dichotomy when “local file playback versus streaming” already exists.
Using physical media is so heavily alternative, that you can almost feel being superior to poor streaming people. Especially with 4k blurays.
Related
Redbox missed a multimillion-dollar payment it couldn't afford to miss
Redbox misses $16.7 million payment to NBCUniversal, facing financial distress and potential bankruptcy. Parent company, Chicken Soup for the Soul Entertainment, struggles with debt, legal issues, and unpaid bills, leading to job terminations and business closure. CEO fires board amidst turmoil.
Redbox Owner Chicken Soup for the Soul Files for Chapter 11
Chicken Soup for the Soul Entertainment, parent of Redbox, files for Chapter 11 bankruptcy due to financial struggles from a debt-heavy deal with Redbox and challenges in the disc rental market. Company seeks funding for payroll and medical benefits amidst $970 million debt.
Sony Is Killing the Blu-ray, but Physical Media Isn't Dead Yet
Sony is discontinuing recordable optical media production, focusing on digital formats. Blu-ray discs for games and movies will continue for corporate clients. The industry shifts towards digital, impacting physical media availability.
Sony kills off recordable Blu-ray for consumer market, B2B to continue
Sony discontinues consumer Blu-ray and optical disk production, focusing on business clients. Shift towards cloud storage due to optical disc limitations. Restructuring for profitability amid declining physical media demand, maintaining corporate and film industry production.
Say Goodbye to Redbox
Redbox, under Chapter 7 bankruptcy, will close, laying off 1,000 employees and shutting 24,000 kiosks. Financial struggles, competition with streaming services, and failed asset sales led to this outcome, impacting customers.