Market Failure!

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Hugh Akston
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Re: Market Failure!

Post by Hugh Akston »

I mean technically you can pluralize hundred when it gets to around 106, right?
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Kolohe
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Re: Market Failure!

Post by Kolohe »

Hugh Akston wrote: 11 May 2020, 18:55 I mean technically you can pluralize hundred when it gets to around 106, right?
nah 200 minimum
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Re: Market Failure!

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Kolohe wrote: 11 May 2020, 23:35
Hugh Akston wrote: 11 May 2020, 18:55 I mean technically you can pluralize hundred when it gets to around 106, right?
nah 200 minimum
Oh no. Certainly by 150.
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Re: Market Failure!

Post by lunchstealer »

First off, is it safe to let Jeff Bezos do his Elon Musk cosplay if he's also in charge of the people who built Prime Music?

Second and perhaps more importantly, how the hell did anyone allow The Royal Philharmonic Orchestra Plays the Music of Rush happen? How many people died trying to stop this monstrosity? The answer can't be none. The producers have to have been mercilessly slaughtering those who valiantly gave the last measure of devotion to the sonic wellbeing of anyone unfortunate enough to click on that shit out of morbid curiosity.
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Re: Market Failure!

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Guys guys. This shit is coming in too fast. I can't keep up. You got to provide a link or some exposition when referencing breaking news. Help a geezer out eh.
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dead_elvis
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Re: Market Failure!

Post by dead_elvis »

lunchstealer wrote: 17 Jun 2020, 17:55Second and perhaps more importantly, how the hell did anyone allow The Royal Philharmonic Orchestra Plays the Music of Rush happen? How many people died trying to stop this monstrosity? The answer can't be none. The producers have to have been mercilessly slaughtering those who valiantly gave the last measure of devotion to the sonic wellbeing of anyone unfortunate enough to click on that shit out of morbid curiosity.
"Who's playing with the Royal Philharmonic Orchestra, c'mon people anybody order a Royal Philharmonic Orchestra? Possibly while high?"

But man this hits on a pet peeve with youtube. It is relentless about pushing Symphonic Yes And You and I on me. I'm not clicking on shit like that, but they are somehow convinced that's what I want because a while back I was re-listening a whole bunch of Yes. I want actual Yes, not an easy listening arrangement.

Symphonies playing rock can be well done but it's extremely rare so my default is avoid.
First off, is it safe to let Jeff Bezos do his Elon Musk cosplay if he's also in charge of the people who built Prime Music?
I thought Prime Music seemed like a nice idea considering it was free with prime, but after listening to a few things the sound quality was just not up to snuff even for rock, IMO.
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Re: Market Failure!

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dead_elvis wrote: 17 Jun 2020, 20:29
lunchstealer wrote: 17 Jun 2020, 17:55Second and perhaps more importantly, how the hell did anyone allow The Royal Philharmonic Orchestra Plays the Music of Rush happen? How many people died trying to stop this monstrosity? The answer can't be none. The producers have to have been mercilessly slaughtering those who valiantly gave the last measure of devotion to the sonic wellbeing of anyone unfortunate enough to click on that shit out of morbid curiosity.
"Who's playing with the Royal Philharmonic Orchestra, c'mon people anybody order a Royal Philharmonic Orchestra? Possibly while high?"

But man this hits on a pet peeve with youtube. It is relentless about pushing Symphonic Yes And You and I on me. I'm not clicking on shit like that, but they are somehow convinced that's what I want because a while back I was re-listening a whole bunch of Yes. I want actual Yes, not an easy listening arrangement.

Symphonies playing rock can be well done but it's extremely rare so my default is avoid.
First off, is it safe to let Jeff Bezos do his Elon Musk cosplay if he's also in charge of the people who built Prime Music?
I thought Prime Music seemed like a nice idea considering it was free with prime, but after listening to a few things the sound quality was just not up to snuff even for rock, IMO.
Yeah, Prime Music is only good enough for background music when you aren't actually listening to it. I don't know how good Prime Music HD is that they charge ANOTHER 8 bucks a month for, because it feels like a giant ripoff. "Hey, listen to not good streaming quality for 8 bucks a month on Unlimited, but if you want slightly better, you could pay us ANOTHER 8 bucks a month."
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Re: Market Failure!

Post by lunchstealer »

It's been forever since I heard it but IIRC their Yes stuff was at least instrumental. They had some fucking soprano singing "Subdivisions" in full operatic mode and I can't unhear that you fuckheads.
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Re: Market Failure!

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lunchstealer wrote: 18 Jun 2020, 11:35 It's been forever since I heard it but IIRC their Yes stuff was at least instrumental. They had some fucking soprano singing "Subdivisions" in full operatic mode and I can't unhear that you fuckheads.
That's..... That's..... Just awful
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Jennifer
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Re: Market Failure!

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This is not a market "failure," merely an illustration of how Amazon is indeed great for people living out in Sticksville where there are no convenient retail stores, or people who can't get out for whatever reason (quarantine) and all other things, it also tends to be a LOT more expensive than standard-to-discount retail options -- definitely more on par with the more "upscale" brick-and-mortar options.

The other day I bought some nail polish, possibly for the first time since I've been legally old enough to drink, because I needed something to mark/single out a certain plastic bottle with multiple identical siblings, and permanent marker didn't work. I bought it at Dollar Tree -- so named because everything costs one dollar plus applicable sales taxes -- and instead of a single ordinary bottle I got a three-pack of smaller bottles in different colors. Out of curiosity, I did a bit of online searching about that brand: it has a fairly substantial following among people (especially younger ones) who like it as actual nail polish, because it comes in a wide variety of colors and also because the smaller (7 ml/ 0.25 oz.) bottles make it far less likely the contents will dry out before you can use it all--an especial hazard for someone who "likes nail polish" enough to have a varied collection of bottles. There's even videos or forum chats where nail-polish aficionados tell people "Seriously, even if you don't like dollar stores in general, check out your nearest Dollar Tree and see if they carry three-packs of the iGlow nail polish. If not, here's places where you can find them for $2 or $3 for a 3-pack."

Out of curiosity I looked it up on Amazon; found one seller offering a three pack for $5 plus $4.74 in shipping, another offering free shipping but a price of $8.99 (only 6 left in stock -- order soon).
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Re: Market Failure!

Post by Ellie »

I need a morality / "is this a dick move" ruling, please.

I'm planning to buy some insulation at Home Depot. They have a pretty sweet "bulk buy" discount where you get 30% off if you buy 15 or more packs. I know I will only need 7 packs. What if I buy 15 but return 8 of them a couple days later? (I know I'll get refunded at the discounted price, that's fine, but I'm still saving 30% on those 7 packs.)
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Re: Market Failure!

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I'm not going to bother to track down and read the fine print but there is a chance they've already taken such shenanigans into account and that if you try to return some of them they will only refund you up to whatever is over what you would have paid for the seven you keep at full price. OTOH, maybe customer satisfaction is more important to them. If you do it, let us know what happens.
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Re: Market Failure!

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Alternative plan: Find someone who needs eight or more of the same item. Make a joint purchase with them and share the cost proportionately.
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Re: Market Failure!

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Eh, not really much of a dick move, IMO. As DAR says, they probably have a contingency for that, and it's not like you're stealing them.
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Kolohe
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Re: Market Failure!

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I am though thinking of that recent story about the guy in India that wanted to buy a bit more rice than normal and wound up with an entire box truck of rice at his doorstep.
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Re: Market Failure!

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I dunno how the price compares, but you might save some amount with the "pallet" of 8, rather than going for the bulk buy of 15, without the hassle of returning a whole bunch.
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Re: Market Failure!

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Re: Market Failure!

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Not sure if this belongs in this thread or if I should have started a new one, but: Jeff recently discovered that we have HBO Max as part of the dirt-cheap cable TV package we get as an employee benefit from his job. Which is cool, because having HBO Max means I can see Wonder Woman 2 on Christmas or afterward, at home, and at the exact time of my choice ... or I can also see it in a movie theater.

If we did not have Jeff's employee-benefit cheap cable but had to pay full price for everything, Jeff said, HBO Max would cost $10 a month. If we signed up only for one month (to watch WW2, plus whatever other cool movies or shows they have), then cancelled, that's a total of $10 for the two of us to watch Wonder Woman 2 at least once, or multiple times if we wish. Compare that to the far higher cost (and less convenience) if our two-person household bought individual tickets to see WW2 in a theater on Christmas opening day. Depending on the time, a single-person individual ticket will cost more than an entire month of HBO Max. And of course the cost of theater admission vs. HBO rental becomes far greater if you're talking about a household with kids, far more than two people going to the theater ... and all of this is before considering covid-19 providing the strongest reason of all for even ardent movie buffs or Wonder Woman fans to stay the hell out of movie theaters, not just on Christmas but for the foreseeable future.

However, even if you're talking pre- or post-covid norms -- when once again, there's no infectious-disease reason to fear going to crowded indoor events -- the only reasons I can see for seeing a movie in a theater rather than in your own home are 1, it's a 3-d IMAX or some other thing you can't get at home; or 2, you're taking someone on a date. I don't know if those alone will be enough of a market to sustain many theaters, outside of really big cities with particularly large populations, enough to support lots of obscure niche businesses. Or really rich neighborhoods, perhaps.
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Re: Market Failure!

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I assume there's no way that feature films get released on HBOmax absent pandemic restrictions on theater patronage. So as soon as the vaccination rate hits near-herd-immunity expect first run films to be theater-only again.
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Re: Market Failure!

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lunchstealer wrote: 23 Dec 2020, 04:02 I assume there's no way that feature films get released on HBOmax absent pandemic restrictions on theater patronage. So as soon as the vaccination rate hits near-herd-immunity expect first run films to be theater-only again.
Well, if you were talking Marvel movies you might be right (which is why Disney keeps pushing off release dates), but the buzz I heard with HBO Max is that they're so desperate to boost subscriber numbers for AT&T and WarnerMedia that they made that decision to have every WB theater release film be a day-and-date release to HBO Max as well... for a month. To try to make HBOMax look less like a giant failure. That's what happens when you try to play hardball, cheap out, and end up without your streaming service on the two biggest streaming platforms out there. That decision was made after vaccines were not just on the horizon but almost on the road to people. And I could see them doing that again.
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Re: Market Failure!

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Highway wrote: 23 Dec 2020, 07:49 To try to make HBOMax look less like a giant failure.
I've been trying to figure out why they're failing. I suppose maybe they don't have new original TV content of the caliber and cultural ubiquity to which people have become accustomed*, but we went back to them for the season 2 of His Dark Materials and I'm impressed by the movie offerings.

*Westworld is probably the only show that meets that bar, but even if one is feeling charitable about season 3, coming out with a new season every 1 1/2 to 2 years is a problem.
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Re: Market Failure!

Post by Hugh Akston »

I'm sure the pandemic has opened our eyes to the unbridled joy of never leaving your home, but some people actually like seeing movies in theaters.
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Re: Market Failure!

Post by D.A. Ridgely »

I like seeing some movies in theaters both because I don't have a giant screen in my home and because some older movies are fun to watch on the big screen, too. As for HBOmax, etc., it isn't as though any of these marketing decisions are irrevocable. If movie theaters survive and reopen and start pulling in crowds, all of Hollywood will revisit how best to monetize their content.
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Jennifer
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Re: Market Failure!

Post by Jennifer »

Even before covid, IIRC, theater revenues/profits were going down (except, perhaps, for a slight uptick in 3-d/IMAX), partly because of stuff like Netflix original content but also because -- at least if you're talking about movies for adults, as opposed to movies aimed at extremely young children for whom "a few months" seems like an eternity -- nowadays it's generally only a pretty brief time between a movie's opening day in theaters, and when it starts appearing on premium cable channels (such as HBO), then another rather brief time before it's released on DVD/Blu-Ray. Depending on how many people are in your household, the cost of buying a movie disc you own forever can be less than the cost of everyone seeing a movie in a theater just once -- sometimes less than the cost of one ticket for one person.

The theater experience has some inherent advantages you can't replicate at home (including the very idea of being someplace other than home) ... but home watching has far more inherent advantages over theater watching: I can pause or rewind if necessary, no need to worry about some dick in the theater talking on their phone, or kids cutting up, or anything like that. Plus, of course, I can watch the movie as many times as I please for no additional cost, which is generally not possible in theaters. And eat and drink whatever I want, rather than limit myself to the theater's overpriced menu.

There is also the added competition from TV and streaming channel content for your viewing hours -- I personally have an unwatched backlog of dozens of hours' worth of shows and movies on my DVR, plus more on my computer or Jeff's, and all the things currently available for online or on-demand watching right now ... again, absent covid, there's always going to be some people who like going out to theaters for its own sake. And the 3-d IMAX experience is something which cannot be replicated by ordinary people at home -- at least, not yet.

Tl;dr: unless "the movie theater business" in general makes some drastic changes to its business models, I don't see how it can last in its present (pre-covid) form much longer.

ETA: In contrast to what DAR wrote, of course.
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Jennifer
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Re: Market Failure!

Post by Jennifer »

I don't know if this is market "failure," exactly, or marketing/resale genius, depending who you're talking about: I recently started putting jigsaw puzzles together (despite it being such a cliched pastime for solitary shut-ins. Which is what I semi-am, until I can get vaccinated for covid). All of my jigsaw puzzles are from Dollar Tree, a modern inflation-adjusted version of the old five-and-ten-cent stores, where everything costs one dollar plus any local sales tax. When Dollar Tree started out they were a local chain based in the fairly populous southeastern Virginia region where I grew up, so I'm not being a hipster when I say "I knew them before they made it big." Sometimes they sell overstock versions of mainstream national brands, but many items they sell were made or at least branded expressly for the Dollar Tree chain -- you can recognize those because the packaging says the item was imported by or made for "Greenbriar International" based in Chesapeake, Virginia. All of my jigsaw puzzles say this somewhere on their boxes, and one of the three I've assembled so far even had this printed in a corner of the puzzle itself.

Anyway, the puzzle I'm currently doing, and several unopened ones on a shelf in my office, are branded "Puzzlebug" by "Cra-Z-Art." Easy to mass-produce jigsaw puzzles on the cheap: where my 300- to 500-piece Dollar Tree puzzles are concerned, you just have to print a glossy, colorful, highly detailed photograph onto an 18-by-11-inch piece of thin cardboard, then cut it into as many pieces as you want (12-50 for kids' puzzles; 300+ for adults). Dollar Tree does this (or contracts with someone who does), sells the resulting product for a dollar apiece, and makes enough profit to become a successful national, or at least East Coastal, chain.

Out of curiosity I did an online search for "Puzzlebug" and "Cra-Z-Art," and was both a- and be-mused to see individuals on both eBay and Poshmark who were selling (or trying to sell) 300 to 500-piece Cra-Z-Art Puzzlebug puzzles for up to nine dollars apiece, plus shipping. Kmart.com also has a 500-piece Cra-Z-Art puzzle going for $8.95.

Again, these are the exact same jigsaw puzzles I bought within the past month for a dollar apiece, standard price, at the Dollar Tree.
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