2007/10/02

General information of the market

It is with no doubt that the old way of renting videos has drastically gone slowly away. This is no good news for those who have jobs in the video rental business. Its not known how many who has now lost their jobs worldwide, but this has to be a very large number of people.
Sure there are still retail stores left, who serves you with new blockbusters movies for rent. But they are few in numbers, and often have few costumers. A thing to note is that its not just the independent video stores, that feels the pressure and competition from the online video business. Even the large companies are making cutbacks. I think its amazing how the world change in such a short period of time. I really don't think it is that long ago, I was renting vhs videos from the local video store like everyone else. Now no one does this anymore, and renting dvd`s in a retail store is also a rare thing.

1 comment:

Anonymous said...

This is great info to know.