Why does it cost me more $$$ to stream a movie from my tv than it did to rent one at Blockbuster?

Anonymous
OP, you obviously don't understand economics. It has nothing to do with the technology. It has to do with supply and demand. It costs what it costs because that's what people will pay for it....it's just that simple.
Anonymous
1 movie is acceptable I guess. I can take a $5.00 hit. But what if I want to do a multiple movie weekend of 4 or 5 movies? That would be damn near $30.


$30 for 12 hours of entertainment seems pretty reasonable to me.
Anonymous
Anonymous wrote:I feel you OP. Isn't this why people have Netflix/Hulu/Amazon Prime so you can get watch a bunch of movies/tv already for 10 bucks a month


Probably. I don't know.
Anonymous
What Blockbuster are you comparing this too? Blockbuster of 1998?

Anonymous
Anonymous wrote:What Blockbuster are you comparing this too? Blockbuster of 1998?



Blockbuster is still open?
Anonymous
Anonymous wrote:The cost of a DVD is less than $1. Probably $0.25. Practically everything is licensing and royalties.

You could say that about everything you buy. You don't but things for the cost it takes to make it. Where have you been?
Anonymous
Do you mean Redbox? Where are you renting from Blockbuster? Did you mean Erols?
Anonymous
Anonymous wrote:
1 movie is acceptable I guess. I can take a $5.00 hit. But what if I want to do a multiple movie weekend of 4 or 5 movies? That would be damn near $30.


$30 for 12 hours of entertainment seems pretty reasonable to me.


Not if the movies are awful and today in 2019 there are a lot more awful movies than there used to be.

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:The cost of a DVD is less than $1. Probably $0.25. Practically everything is licensing and royalties.


I think OP meant there was no need for a physical Blockbuster with rent and salaried employees.



1 movie is acceptable I guess. I can take a $5.00 hit. But what if I want to do a multiple movie weekend of 4 or 5 movies? That would be damn near $30.

$30 for a weekend's worth of entertainment is great.
Anonymous
Anonymous wrote:
Anonymous wrote:
1 movie is acceptable I guess. I can take a $5.00 hit. But what if I want to do a multiple movie weekend of 4 or 5 movies? That would be damn near $30.


$30 for 12 hours of entertainment seems pretty reasonable to me.


Not if the movies are awful and today in 2019 there are a lot more awful movies than there used to be.


Well then you have your answer. Watch older movies on cable for free.
Anonymous
Of course it costs more to stream, you're paying for the convenience. With blockbuster you had to drive there and then drive it back. And also possibly end up with a late return fee if you didn't return it on time. Streaming from home is way more convenient
Anonymous
Anonymous wrote:
Anonymous wrote:
1 movie is acceptable I guess. I can take a $5.00 hit. But what if I want to do a multiple movie weekend of 4 or 5 movies? That would be damn near $30.


$30 for 12 hours of entertainment seems pretty reasonable to me.


Not if the movies are awful and today in 2019 there are a lot more awful movies than there used to be.



Well go to Blockbuster -- I think the last one left is in Alaska -- and rent those good movies you think are sitting on the shelf.
Anonymous
The Business Wars podcast did a series on Netflix v. Blockbuster that was interesting.
Anonymous
Fine - enough with Blockbuster. The apt comparison should we Redbox.

We tend to rent more from Redbox. If we pay full price, it is $1.86 for a night. Even less if we use a coupon or get a free movie (which they give out somewhat frequently).

I haven't streamed a movie yet from Redbox but would imagine it costs more to stream than to rent a physical DVD from their kiosk.

Maybe it partially has to do with streaming technology is still relatively new. The companies invested a lot of money into streaming technology so they have to recoup the cost somehow. Maybe we can think of it as service fee that is baked into the price of renting the movie?
Anonymous
Does no one go to redbox? I love it. It's at my grocery store and I just pick one up every once in a while. They're like $1.75
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