Hollywood Upset At Newspapers For Daring To Give Away DVDs It Licensed Them To Give Away
from the oh,-boo-hoo dept
Comboman writes “Hollywood claiming ‘lost revenue’ from declining DVD sales is nothing new, but this time the alleged culprit is not piracy but UK newspapers and magazines that give away free DVDs with certain issues. Nevermind the fact that the publications legally paid for the UK distribution rights to these films that were near the end of their profit cycle anyway. Once again, instead of embracing an alternative distribution method, Hollywood only sees it as “devaluing the format in the eyes of consumers”. Heaven forbid they would be forced to sell DVDs at fair price.” Yes, that’s right. The movie studios licensed the newspapers to give away the DVDs. They got paid for it. Now they’re complaining that in giving away these DVDs, the newspapers are “devaluing” DVDs. And you wonder how the industry has stayed in business this long.