p2pnet - rss feed: Online movies are a flop
p2pnet.net News:- Hollywood efforts to use the Net to con surfers into spending upwards of $10 for old movies and $20 for newer ones just aren’t working.
“Despite growing experimentation on behalf of the motion picture industry in distributing movies online,” only 3% of people in the US have bothered with full-length downloads, says a new study, proving surfers are considerably smarter than the Big Six movie studio marketeers.
But against that, Netsters are downloading videos almost as fast as they can go.
About 10 million Americans aged 12 and over have downloaded TV shows, seven million in the past 30 days, says Ipsos in Motion, its its biannual study of digital video behaviors.
This marks a significant increase over the summer of 2005, when only two percent of Americans overall and five percent of 18- to 34-year-olds had ever downloaded video, it says.
“Ten percent of young adults aged 18 to 34 (14% of 18- to 24-year-olds and 7% of 25- to 34-year-olds) have downloaded television programs from the Internet and seven percent have done so in the past month - nearly double the rate of television downloading overall,” it states.
“Despite these gains, however, downloading larger video files such as full-length TV shows and movies remain firmly entrenched as an early adopter behavior online; it is less commonplace among the mainstream consumer traditional video channels currently serve.”
The study also revealed:
- Eighteen percent of Americans aged 12 and older have watched music videos streamed online (~41 million) and as many as 32 million have downloaded video games to their PCs (14%).
- Males continue to lead females in most digital video technology ownership and related behaviors, including downloading television.
- Overall, 27% of portable MP3 players have the ability to play video, a number that has been steadily increasing over the past year; 5% of MP3 player owners have paid to download television programs from the Internet versus only 1% of those who do not own MP3 players.
- Other activities are becoming more popular as well: one in ten Americans aged 12 and older has downloaded music videos (10%) and a similar proportion has downloaded movie trailers (9%).
Expect a statement from the MPAA (Motion Picture Association of America), owned by Time Warner, Viacom, Fox, Sony, NBC Universal and Disney, claiming file sharers are ruining the multi-billion-dollar Hollywood movie business as they continue to report truly awesome revenues.
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September 7th, 2006 at 10:00 pm
yes I agree with Hollywood. Dead Mans Chest was a complete flop at the box office due to it being the number one movie download. Superman Returns was another Hollywood flop. At this rate Hollywood will be bankrupt. THIS MUST STOP!!! (hope the sarcasm is noticed)
Rick
September 8th, 2006 at 11:01 am
Hollydud makes a lot of crap and tries to make it sound like the next Oscar contender. To many folks have bought the hype far to long. Leaving the theater feeling like they’re been ripped a new one right out of the wallet between the dud film that didn’t live up to expectations and the concession stand robbery.
I no longer want to take the chance that some movie MIGHT be worth watching. Too many duds in the past have had false advertisement and I’ve learned that over the long haul you can’t go by the blurb, poster, ad, or trailer as to what will be good. For a couple of bucks I can check them out rather than for a small fortune if I’m inclined to rent. Mostly I’m not.
They have no one to blame for that but themselves. Someday maybe they will learn the lesson of the 5 P’s. Until the sky falls, I doubt I will be returning to the big screen. Just like the drive in theater, the walk-ins day is passing.
*Second attempt at validation