Film Studios block DVD Rentals for a month.

Kosmik

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The LA Times reports that in an effort to push consumers toward buying more movies, some major film studios are considering a new policy that would block DVDs from being offered for rental until several weeks after going on sale. Under the plan, new DVD releases would be available on a purchase-only basis for a few weeks, after which time companies such as Blockbuster and Netflix would be allowed to rent the DVDs to their customers. 'The studios are wrestling with declines in DVD sales while the DVD rental market has been modestly growing,' says Reed Hastings the CEO of Netflix. 'If we can agree on low-enough pricing, delayed rental could potentially increase profits for everyone.' Three studios have already tried to impose a no-rental period of about a month on Redbox, the operator of kiosks that rent movies for $1 per night, believing that Redbox's steeply discounted price undercuts DVD sales. Redbox has responded by suing the studios, seeking to force them to sell it DVDs simultaneously with competitors. Meanwhile, the company is stocking its kiosks with DVDs it can't otherwise obtain by buying them from retailers."

Article on Slashdot

Anyone else but me think this is a purely stupid, greedy idea? Especially in a day and age of digital distribution and the complaints about piracy, they actually want to limit people from legally seeing the movie? I like buying movie dvd's, for many reasons but I have yet to actually go and buy one after watching it from a rental store.
 
As if DVD region codes, DRM & branding everyone a pirate aren't enough. They're grasping at straws to keep their fat-cat revenue stream alive instead of adapting their business model to a changing world. Consumers will rebel against this & get their movies another way.

The more the studios try & control my spending habits the more I'll not conform.
But them I'm a rebel.
 
They should also bare in mind most people do not buy movies they want to see once.

Seriously people buy epic movies that they will watch over and over for the next few decades.

The hang over for instance, good movie would i buy it? Nope.

Pearl harbour good movie would i buy yes i did and i have watched it a few times as well. So they should think about that as well.
 
Ok, so one guy buys it, rips it and uploads it. All those consumers that cannot rent it will now go and download it via torrents.

These guys are fscking idiots, they are shooting themselves in the foot.
 
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