Old media is begining to be dominated by new media and of course digital media. It has been a hard battle for older companies as we know; such as Tower Records, facing stiff competition from the ever so popular Apple iPod and the downloading craze as a whole. In this case its WalMart who is afraid of Apple, stating that with Apple's new release of iTV movie and video downloading service, it may drive consumers away from their fast selling DVD portion. WalMart currently accounts for more than 40% of the $17 billion DVD market. I think that WalMart should have noticed this from the start, for them to come out like this...so far in the game, makes them look like the weakling; someone messed up! However, they can jump back but it'll be hard. They can sell online movies but the iPod and iTV will still be sold in their store, so thats a tuff issue to face. I think there will (and we are currently in it) a possible media re-birth period. Whats left of there to download you ask? ... BOOKS, they will be downloaded soon, mark my words (or either a device which displays the literature). This cou
ld possibly defeat other book retailing leaders like Amazon.com or Barnes & Nobles. However, I really don't think that it will affect Amazon, due to their online presence (they could easily sell downloadable books)...as for Barnes & Nobles, they're toasted like the dark side of bread. If this "digital age", (which reminds me of the current real estate market) continues, or even if the bubble bursts, these retailers [bricks and motor] will have some reshaping to do. SERIOUSLY!
What do you guys think, the comment portion is opened to any opinions, I would love to hear your views on this post... so Blab On>>
Old media is begining to be dominated by new media and of course digital media. It has been a hard battle for older companies as we know; such as Tower Records, facing stiff competition from the ever so popular Apple iPod and the downloading craze as a whole. In this case its WalMart who is afraid of Apple, stating that with Apple's new release of iTV movie and video downloading service, it may drive consumers away from their fast selling DVD portion. WalMart currently accounts for more than 40% of the $17 billion DVD market. I think that WalMart should have noticed this from the start, for them to come out like this...so far in the game, makes them look like the weakling; someone messed up! However, they can jump back but it'll be hard. They can sell online movies but the iPod and iTV will still be sold in their store, so thats a tuff issue to face. I think there will (and we are currently in it) a possible media re-birth period. Whats left of there to download you ask? ... BOOKS, they will be downloaded soon, mark my words (or either a device which displays the literature). This cou
ld possibly defeat other book retailing leaders like Amazon.com or Barnes & Nobles. However, I really don't think that it will affect Amazon, due to their online presence (they could easily sell downloadable books)...as for Barnes & Nobles, they're toasted like the dark side of bread. If this "digital age", (which reminds me of the current real estate market) continues, or even if the bubble bursts, these retailers [bricks and motor] will have some reshaping to do. SERIOUSLY! What do you guys think, the comment portion is opened to any opinions, I would love to hear your views on this post... so Blab On>>
This is very interesting. I think Walmart will take a hard hit. They might not want to carry this new Apple product because of it's potential damage to their bottom line. I am patiently waiting to see how this plays out
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