As we close out 2009, I think we will have to label this year as the year of the crybabies. It seems that a day doesn’t go by when some large business entity isn’t crying in their beer about the changes that are happening and how they can’t compete. The banks were about the only ones who couldn’t blame anyone else for their own greedy ways, though I am sure some of the banking crooks tried hard to point the finger elsewhere. The U.S. car companies woke up one morning in shock to find they were bleeding money and that the consumers weren’t buying their vehicles. Next came Murdoch with his criticism of Google stealing HIS news. But today’s article on how the entertainment industry is going to go belly up because of Redbox and their cheap rentals has to be one of the top picks of the year.
According to one article:
Redbox’s kiosks also will send shock waves throughout the industry and could lead to the loss of 9,280 jobs, $35.4 million in contributions to health and welfare funds being cut, and a reduction of $30 million in tax revenue.
Is it just me or is there something wrong with this picture? Isn’t this a scare tactic to attack Redbox? Has it become fashionable to attack another company when your own incompetence actually is to blame? Why didn’t the movie industry adjust when Redbox first hit the street? What part of the Internet didn’t the publishing industry understand? What didn’t GM and Chrysler understand when Toyota took over as the #1 car company?
I have an idea. Maybe California can ban Redbox kiosks! LOL