Universal Studios has canceled their plans to charge Comcast subscribers $59.99 to view the new Ben Stiller/Eddie Murphy movie on-demand. If Universal really thinks that people will pay $59.99 to view one movie on-demand, the DVD will be around forever.
I'm surprised. The original business model was to release a movie 10-12 weeks after the theater release for $30. I don't think that $60 release should threaten theaters very much since almost no one is going to pay that much (especially for Eddie Murphy movie).
I suspect that movie theaters are boycotting based on general principle. They feel that once studios have done it one time, studios will keep tinkering with the formula (price and time) until they get it correct.
I still have a box of Beta tapes from '84 and a beta player I keep dragging around every time I move. Someday, it'll be worth about $100 to someone with home movies like mine but has no player. Did I say $100? I meant $130. In about 2021. By then gas'll be $9. And that guy'll have to come to me. Coz I'll have the player. Beeeyotch.
Take it to the Pawn Stars now, they may offer $10.