March 2, 2007
Better Title: Blockbuster (the also-ran) Contemplates Buying Movielink (the never-was)
The good folks at Ars Technica have an interesting post on Blockbuster’s desire to save its dying business by buying a failed business, Movielink. Movielink is a DRM crippled, online movie service foisted on an uninterested public by the five major movie studios. According to reports in the SJMN and the WSJ the price is less then $50 million and that includes a DNA test to see if you’re Anna Nicole Smiths baby-daddy. The move is your text book MBA, “buy a lemon to save the dinosaur” strategy. To a failing Luddite business this strategy makes a great deal of sense. The rest of the world just yawns.
April 3, 2006
I'm not sure about the sex, but movie industry executives are displaying lots of stupidity and greed.
You know that the movie industry has a great press machine when both the NY and LA Times carry stories about their latest efforts to prove that they have learned nothing from the last 7 years of media experience. You also know that the industry is on a long, slow march into irrelevance as both papers chose to lampoon their latest announcements rather then turn it into the usual piracy debate. The movie industry has clearly decided to follow in the footsteps of the record companies and pretend that people have no other options to their inane "offerings". In the fanciful minds of movie executives consumers appear to be so flush with cash and devoid of Read the rest of this entry »