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DirecTV puts away the checkbook, plans to raise rates in 2009

DirecTV already broke our hearts once this week, and it's doing its darnedest to shatter the blood pumper once more. The satcaster, while doing fairly well with all things considered, is still looking to reel in spending and watch profits carefully in 2009. Reportedly, the outfit has decided to freeze hiring and suspend any spending on all "but the most critical capital projects." Clearly, the ill-fated HDPC-20 tuner didn't fall into that "most critical" bucket. Moreover, it's looking to ramp up promotions and raise rates as it barrels into the new year, and even though folks are spending less overall, it still "remains bullish" about the year to come. Verizon, AT&T, et al. -- it's time to mobilize and capitalize.

[Image courtesy of CipherLTD]

Editor ponders: Do you need a Blu-ray player?


Right, so the obvious answer here is: "No, you don't need a Blu-ray player." But, you know -- do you need a Blu-ray player? At its core, the latest argument put forth by an Orlando Sentinel editor is yet another debate over the viability of the format in comparison to upscaled DVD and in the wake of surging support for HD streaming, but there are certainly a lot of points made that we vehemently disagree with. According to the editor, the "difference between DVD and Blu-ray is nowhere near as striking [as VHS and DVD], despite what the consumer electronics retailers and manufacturers might tell you." He goes on to assert that a BD player simply isn't worth purchasing if you've already got a stout DVD library, particularly if you own an upconverting DVD player. Ruining any shot at anyone taking his view seriously were the remarks by his colleague, who watched Planet of the Apes on a BD deck and a $40 DVD player; according to him: "The features are fancier, but the picture? No improvement. Investing in a [Blu-ray] player... is a needless expense. Downloads are the future, not discs in a cute blue box." Let the firefight begin.

[Thanks, Anthony]

Home video spending still strong, $194 million spent on Blu-ray in 2008


Slumping economy? Recession? Poppycock. Based on sales of home media, America's financial engine is humming along just fine, with consumers plunking down 1.6% more on DVD / Blu-ray purchases and rentals combined than they did in the first half of 2007. Granted, some may suggest that home entertainment is seeing an increase as more lavish alternatives (going out for a movie, taking a vacation, etc.) are utilized less frequently, but whatever the case, this sector is sure benefiting. Focusing on HDM, we're hearing that $194 million has been spent on Blu-ray Disc thus far in 2008, which is up some 350% from $43 million in 1H 2007. Amazing what a format war conclusion will do for numbers, huh?

[Image courtesy of Syracuse, thanks Joel]

Spending on home video nearly even with last year


Despite the fact that consumer spending on the whole has dipped of late here in the US, it seems that the home video sector has been able to withstand major setbacks. Reportedly, American consumers spent some $5.6 billion on rentals and purchases through the first three months of 2008, which is just a 0.3-percent drop from the same quarter a year ago. It was noted that Q1's figures were boosted by 400- to 500-percent growth in high-definition disc sales, which amounted to around $150 million. Lastly, it's said that Blu-ray sales accounted for somewhere between 5- and 8-percent of all home entertainment sales for Q1 2008, and of course, demand for Sony's now entirely-more-relevant PlayStation 3 continues to head upwards. Thirsty for even more stats? Check 'em out in the read link below.

[Image courtesy of DevotedDVD]




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