Target Joins Walmart with iTunes Concerns
Target has joined Wal-Mart in cautioning major movie studies that digital movies could hurt retail DVD sales.
Wal-Mart was recently cited as warning Movie Studios that there could be consequences if more movie studies joined in digital movie distribution alongside Disney.
Disney's President of Home Entertainment has reportedly met with Target executives to stress that digital distribution remains a small market.
Target's letter from President Gregg Steinhafel noted that movie studio downloads were less expensive than DVDs, according to the newspaper. The letter also said that if the pricing did not become more equitable, Target would reconsider its investment in the DVD business, the paper said.
Wal-Mart was recently cited as warning Movie Studios that there could be consequences if more movie studies joined in digital movie distribution alongside Disney.
Disney's President of Home Entertainment has reportedly met with Target executives to stress that digital distribution remains a small market.
Top Rated Comments
(View all)70 months ago
Sounds like bad news for Apple. Increased outside pressure from major retailers of DVDs is turning into the less likelihood of other studios signing on to iTunes... unless of course consumers get the wonderful opportunity to pay $24.99 to watch the latest Tim Allen release.
70 months ago
I'm ashamed I work for them. I've always considered Target the "good guys" Wal-mart but the more I get a taste for their corporate side (retail as well as pharmacy) I'm less impressed day by day.
70 months ago
This is a load. Downloads will barely make a dent in DVD sales, especially when you can take the DVD home and rip it yourself. Most people don't have massive broadband pipes and they want a physical copy they can pop into the DVD player at home. Joe Noob may not know how to rip the disc, but I doubt he'll buy a movie online if he can't watch it on his DVD player. He might buy a movie to watch on his iPod that he already has in his DVD collection, though. Target and Hole-in-the-Wal-Mart are whining about nothing. Downloads may one day start chipping away at hardcopy sales, but it's going to be years before it starts to make a difference.
70 months ago
Disney's Present of Home Entertainment....
Disney's President perhaps?
70 months ago
When will these companies stop bitching over this! I shop at Target all the time for DVDs, iTunes selling those movies is not going to change this. If I want the DVD, I will buy the DVD. Seriously, this is like them complaining over Pay Per View or Rental stores. Get over yourself! This is corporate America... monopolies are not going to be supported by the masses. Competition is a good thing. These companies need to start putting the consumer first and themselves second.
70 months ago
Of course they are less expensive. No packaging, no media, no store space, no shipping required.
They should be less expensive.
If they were the same price this would be a serious problem. I still have a problem at the outrageous prices of CDs and DVDs because they are more expnsive than cassettes were, but cheaper to produce. It is all about greed and $$.
Apple wants to make money too. but they eliminated some considerable costs.
They should be less expensive.
If they were the same price this would be a serious problem. I still have a problem at the outrageous prices of CDs and DVDs because they are more expnsive than cassettes were, but cheaper to produce. It is all about greed and $$.
Apple wants to make money too. but they eliminated some considerable costs.
70 months ago
I shop at Target all the time for DVDs, iTunes selling those movies is not going to change this.
Maybe not for you, but it will for me, and probably a lot of other folks as well.Once I have a decent method of getting my movies from my computer to my TV (i.e. iTV), and iTunes has more selection, I plan on never buying another DVD again. I'm in the minority here I'm sure, but for how long? How long before digital distribution is the method of choice for your average Joe?
My point is that their (Wal-Mart/Target) concerns are valid, but they're still just whining about it because they're scared of competition. Why isn't Wal-Mart whining and complaining about the Music Store? Oh... That's right, because they have one of their own. :rolleyes:
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