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Another Nail In The Coffin For Video Rental Stores

November 18th, 2010 elifemagz Leave a comment Go to comments

If you own a video let store, you are may all-too-aware that your business is right away living on borrowed time — in jeopardy by all from Netflix to electronic smoothness of movies. Well, final night we attended a press eventuality for VUDU , a WalMart auxiliary that claims to have the largest library of HD cinema around.

I went often since the eventuality was hold in Dolby Laboratories ‘ splendid offices a couple of blocks from AllBusiness’ world HQ here in San Francisco. The Dolby Labs screening room was truly awesome, even if the announcements – VUDU has a new interface and is right away existing on the Sony Playstation – were a bit underwhelming.

But VUDU is usually a of an stepping up number of increasingly complex ways that consumers can rapidly and simply download cinema and videos. Competitors add streaming Netflix, Apple TV, Google TV, and even Blockbuster’s electronic offerings, not to speak of the line and heavenly body companies’ on-demand services, and lots more.

Many of these services sojourn slow, confusing, or reliant on pricey specialized hardware that could put off mainstream consumers. But they’re all getting better, faster, cheaper, easier-to-use, and more matching with existing gadgets – often gaming consoles — and even the ultimate TVs.

There are still a couple of local video let stores unresolved on in my neighborhood, but the future of the business looks partial and grim, and all we see seems to swell the ranks of that reality.

If you’ve got a video store, time is rapidly running out for you to find a new business model. Because frankly, it won’t be long before no a is renting DVDs or BluRays any more.