July 9, 2007

NOTHING COSTS MORE THAN IT USED TO:

Sony to cut PlayStation 3 price by $100 (TODD BISHOP, 7/09/07, Seattle P-I)

Sony is cutting the price of its primary PlayStation 3 game console by $100 in the United States, seeking to regain traction in a market it has long dominated.

Putting a new twist into the video-game console wars, the company on Monday is announcing a new price of $499.99 for the 60-gigabyte PlayStation 3, effective Monday.

Sony says it also plans to introduce a new PlayStation 3 model, with an 80-gigabyte hard drive, at a price of $599.99.

MORE:
DVD liquidator ensures you see the bigger pictures for less: It's one of Hollywood's little secrets (LORENZA MUĂ‘OZ, 7/09/07, LOS ANGELES TIMES)

Chances are that when you rummage through old movies in discount bins at Wal-Mart, Best Buy or even a local car wash, [Ryan] Kugler's fingerprints are on them.

"It's like guys who buy foreclosures -- they get the house they want for a lower price," said Kugler, who runs Burbank-based Distribution Video & Audio Inc. with his brother, Brad.

With the growth in DVD sales leveling off, and stores such as Sam Goody and Tower Records closing, Kugler's DVD liquidation business is booming.

Last year, the company grew by 40 percent, generating about $24 million in revenue on the sale of more than 17 million DVDs, CDs, video games and books.


When we were kids and our Dad was a pastor, we used to stare longingly at the film catalogues that used to come in the mail. But just renting a movie to show in your church basement then cost more than a DVD player and a disc does now.

Posted by Orrin Judd at July 9, 2007 9:44 AM
Comments

We saw a DVD player for $30 at WalMart yesterday.

Posted by: Ibid at July 9, 2007 10:05 AM

The 30 dollar CyberHome Wal-Mart DVD player is great. My old, expensive Sony would refuse to play brand-new, just out of the package DVDs. But this CyberHome thing plays everything, from old, pre-21st century discs to scratched up discs to "archival backups." You could stick a ham sandwich in this thing and it would play Porky's. All for 30 bucks.

Orrin-
The catalog you kids were probably looking at was for renting the 16mm prints, right? I used to show movies on the weekends when I was in college and I was always astonished how much it cost to rent them. Companies like Swank and Films, Inc were big back then. But bear in mind that you weren't renting just the print, but also the rights to show the film publicly. That FBI gibberish at the start of a movie says that you can't have a public viewing (even for free) of a DVD. Most people ignore this, and I think the FBI has bigger fish to fry, but it is still technically illegal.
Of course, back in my day, video projectors were very expensive and not very good, so film projectors were the way to go. These days, when all you need is a laptop and a sub-500 dollar video projector, I think that rule is going to be ignored even more.

Posted by: Bryan at July 9, 2007 10:57 AM

I generally agree with the statement, but video game consoles are a poor example. Each new one that comes out is more expensive than the last. Used to be you could get a Nintendo for $100-125.

Posted by: R. Alex at July 9, 2007 11:38 AM

That wasn't a DVD player and a web browser, but these'll b e $100 shortly.

Posted by: oj at July 9, 2007 2:32 PM

Remember the NFL threatened to go after a church for a Superbowl party?

Posted by: oj at July 9, 2007 2:35 PM

Modern game consoles have an incredible amount of oomph. The PSP3 has 9 independent procesors, a RamBus XDR controller, 50+ GB/s bandwidth, a custom nVidia GRU, and 800+ million transistors. About 2-3 times the horsepower of a typical midrange PC.

Plus a blu-ray DVD player, all for 500 bucks.

Posted by: Gideon at July 9, 2007 3:03 PM
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