I’ve been bogged down with a bunch of other projects, but given my research on how digital delivery is changing the film and TV industries, I couldn’t ignore the news that Blockbuster Video has announced that it will close its remaining 300 US stores. It’s a stunning fall for the video rental store that, at one time, seemed like one of the dominant forces in home entertainment. Gina Keating’s Netflixed provides one of the more thorough–and convincing–arguments explaining why Blockbuster failed to adopt to digital delivery, so this news is hardly surprising, but it still seems to mark the end of an era.
Like many others, I’ve also been fascinated by the recent debate between Netflix’s Ted Sarandos and others over whether theaters are “killing” the film industry by refusing to go to day-and-date distribution, in which movies would be released to theaters and on VOD (or streaming video) on the same day. Sarandos has backtracked somewhat from the (perceived) suggestion that he was advocating a pure day-and-date model to suggest that he was merely calling for a shorter theatrical window. Still, a number of indie producers have rightfully expressed some qualms about Sarandos’s arguments.
Finally, I’m intrigued by this report from Vulture about a conflict between TV studios, cable channels, and Netflix over how to divide up the rights to specific TV shows. Specifically, TNT and FX are fighting to retain exclusive streaming rights to the entire current seasons of their shows, rather than the current situation where they only have rights to the last five episodes. Given that syndication deals are no longer as lucrative as they used to be, cable channels are looking for alternative forms of programming.