Thread: MGM going broke
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Old 11-16-2009, 01:34 PM  
ReGGs
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Join Date: Apr 2006
Location: SoFla
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If the movie industry is doing so poorly then why were 2007 and 2008 record box office years?

http://arstechnica.com/media/news/20...ce-in-2008.ars

Don't blame on pirates what can be attributed to bad management and a poor business model. The movie industry through the MPAA has tried to litigate themselves into a lucrative business model for the better part of the decade. Only problem is the numbers don't back up the theory that piracy is what killed MGM and not just bad movies or poor business choices. The fact is most of the movie studios are late to the party. They should have had digital streaming movies based on subscription services like Netflix on demand 5 years ago. That would have stopped a lot of the DVD market loss bleeding and prepared them for the future. Instead they tried to stifle technology and sue people until they made their broken antiquated profit models work. Piracy is here to stay and that is a fact. So instead of crying it is up to smart business people to find models like netflix on demand which will allow the customer to get a high quality product without pirating.


http://torrentfreak.com/sony-ceo-ple...loaded-091027/
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