Circuit City Phases Out VHS
Rashan writes: "Video Business Online is reporting that Circuit City is becoming the first of the mass merchants to state its intent to discontinue sales of the aging video format."
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But I can still buy Beta, right?
I doubt Circuit City ever sold any flavour of Beta. In fact, I doubt that a Circuit City employee even knows what Beta, Betamax or Betacam are. Of course, beta machines are hardly for the home user these days.
And yes, I do realise you were trying to be funny.
Is that a real poncho? I mean, is that a Mexican poncho or is that a Sears poncho?
The media publishing industry (RIAA, MPAA, etc) needs to take heed, and follow in Circuit City's footsteps. They need to be taught a lesson along the lines of "The quick eat the slow"...by failing to adapt, adopt, and embrace new technologies, they miss out on revenue streams or fail to capitalize on them in a timely manner. Take MP3. Actually, lets take Vorbis now, since it's royalty free (thus depriving yet another revenue stream). Any given schmoe now has the capacity to inexpensively collect and redistribute unsigned music, make a profit off the distribution, and in the process allow the bands a promotional outlet which will increase their performance revenues. Anyone know the figures on income from record sales, performances, airplay royalties, and licensing? And how do we contrast that with costs for distribution, promotion, and other expenses?