Comments on: The Demise of Hollywood http://webprofitengineer.com/1290/the-demise-of-hollywood/ small business internet marketing Fri, 12 Aug 2011 18:46:08 +0000 hourly 1 By: ProfitEngineer http://webprofitengineer.com/1290/the-demise-of-hollywood/comment-page-1/#comment-126 ProfitEngineer Fri, 25 Jun 2010 13:09:22 +0000 http://webprofitengineer.com/?p=1290#comment-126 Hi Jason, I don't know the exact reasons why Hastings is still floating. One thing I can say is that my wife and I go to Hastings for older movies that cannot be found elsewhere. Perhaps they might have found a niche to serve the market. Hi Jason,

I don’t know the exact reasons why Hastings is still floating. One thing I can say is that my wife and I go to Hastings for older movies that cannot be found elsewhere.

Perhaps they might have found a niche to serve the market.

]]> By: Jason Beetham http://webprofitengineer.com/1290/the-demise-of-hollywood/comment-page-1/#comment-125 Jason Beetham Fri, 25 Jun 2010 07:34:15 +0000 http://webprofitengineer.com/?p=1290#comment-125 Great article, Dennis. I can remember in high school working at Hastings Books Music and Video 10 or 12 years ago. Even then we still offered VHS rentals. It's safe to say most people were not kind, and did not rewind. Although they offer more than just movies and records (books, video games, and recently expanded to budget musical instruments), I would be interested to know what their recent sales look like as far as these tangible items go. I have not purchased a physical record or movie in a number of years, and with companies like Game Fly, Game Stop, eBay, Amazon, and so on, and even local pawn shops, it amazes me that companies like Hastings are still operating. I guess being a giant nationwide company based out of Amarillo Texas doesn't hurt. But why are they still floating when stores like Hollywood and Blockbuster bombed? Great article, Dennis.

I can remember in high school working at Hastings Books Music and Video 10 or 12 years ago. Even then we still offered VHS rentals. It’s safe to say most people were not kind, and did not rewind.

Although they offer more than just movies and records (books, video games, and recently expanded to budget musical instruments), I would be interested to know what their recent sales look like as far as these tangible items go. I have not purchased a physical record or movie in a number of years, and with companies like Game Fly, Game Stop, eBay, Amazon, and so on, and even local pawn shops, it amazes me that companies like Hastings are still operating. I guess being a giant nationwide company based out of Amarillo Texas doesn’t hurt. But why are they still floating when stores like Hollywood and Blockbuster bombed?

]]> By: ProfitEngineer http://webprofitengineer.com/1290/the-demise-of-hollywood/comment-page-1/#comment-46 ProfitEngineer Mon, 01 Mar 2010 21:02:53 +0000 http://webprofitengineer.com/?p=1290#comment-46 Ever wondered what happened to your instructor :) Fortunately for Kodak, they're still alive - a good example of better late than never. Ever wondered what happened to your instructor :)

Fortunately for Kodak, they’re still alive – a good example of better late than never.

]]> By: Aaron Rollins http://webprofitengineer.com/1290/the-demise-of-hollywood/comment-page-1/#comment-45 Aaron Rollins Mon, 01 Mar 2010 17:08:10 +0000 http://webprofitengineer.com/?p=1290#comment-45 Dennis I watched the exact same thing happen with Kodak in the mid 90's when their CEO said something along the lines of "Film isn't going anywhere" In 1995 at the age of 20 while in college for Photography I wrote a paper called the Death of Film. My instructor gave me a C because the premise was "shaky". He was 50 something and couldn't see past what he had known his entire life, film. Kodak continued on the film path pouring millions into new technologies like the drop in Advantix film...meanwhile Sony, Epson and a handful of other companies poured their R&D money into digital, companies who had seen first hand what technology does to your business model if you aren't keeping an eye on the horizon. All it takes is the leader of the company not to see the vision and writing on the wall. Just like they taught us linemen in football when you wanted to get past a guy blocking you "where the head goes, the body follows." Take a guys head and push it to the ground, down he goes. Kodak's body followed its head into borderline oblivion...I see Blockbuster and the like no different. What will be very interesting to see is what happens with Redbox...personally I love it, use it all the time. But I look at that business model and cringe. Maybe the expensive machines they have placed around town are a transitional model to build brand name. 5 years from now tangible movie media will have gone the way of the compact disc, where a few people still use it, but the majority go online for MP3s. 10 years from now movie media it will be like film, a novelty item available only one place in town. In Spokane that place is Inland Photo Supply on Monroe in case you are curious and need some film ;-) Dennis I watched the exact same thing happen with Kodak in the mid 90′s when their CEO said something along the lines of “Film isn’t going anywhere” In 1995 at the age of 20 while in college for Photography I wrote a paper called the Death of Film. My instructor gave me a C because the premise was “shaky”. He was 50 something and couldn’t see past what he had known his entire life, film.
Kodak continued on the film path pouring millions into new technologies like the drop in Advantix film…meanwhile Sony, Epson and a handful of other companies poured their R&D money into digital, companies who had seen first hand what technology does to your business model if you aren’t keeping an eye on the horizon.
All it takes is the leader of the company not to see the vision and writing on the wall. Just like they taught us linemen in football when you wanted to get past a guy blocking you “where the head goes, the body follows.” Take a guys head and push it to the ground, down he goes. Kodak’s body followed its head into borderline oblivion…I see Blockbuster and the like no different.
What will be very interesting to see is what happens with Redbox…personally I love it, use it all the time. But I look at that business model and cringe. Maybe the expensive machines they have placed around town are a transitional model to build brand name. 5 years from now tangible movie media will have gone the way of the compact disc, where a few people still use it, but the majority go online for MP3s. 10 years from now movie media it will be like film, a novelty item available only one place in town. In Spokane that place is Inland Photo Supply on Monroe in case you are curious and need some film ;-)

]]>