Quote:
Originally Posted by ReGGs
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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If you believe these numbers that were posted above:
2004 Total Movies Released: 567 Total Combined Gross: $9,327,315,935
2005 Total Movies Released: 594 Total Combined Gross: $8,825,324,278
2006 Total Movies Released: 808 Total Combined Gross: $9,225,689,414
2007 Total Movies Released: 1022 Total Combined Gross: $9,665,661,126
2008 Total Movies Released: 1037 Total Combined Gross: $9,705,677,862
2009 Total Movies Released: 1177 Total Combined Gross: $7,596,626,766
Yes, they are record years, but they are having to release twice as many movies as they did just 5 years ago to make the same amount of money. Isn't that the same complaint we are hearing in this industry? Almost every day you see posts where people talk about how they are working twice as hard, just to make the same amount of money or less than they did just a few years ago.