I
actually thought that all of the movies listed for my assignment would be
available on Netflix. However, I could
only find Paycheck and this was the deciding factor for me as to which movie I
would watch. I think that the battle
between DVDs and Video On-demand (VOD) is an example of Red Queens and not
increasing returns. Arthur (1996)
explained that increasing returns, “cause products that are ahead to get
further ahead” (p. 100). Thornburg
(Laureate, 2009a) expanded on the idea of this race in which one product gets
further ahead to explain that the product which gets ahead, to explain that one
product gets locked-in and drives the other to extinction, even if the winning
product is subpar to the now extinct product.
Both DVDs and VOD may be experiencing increasing returns, however, one
technology has not yet knocked the other out of the race. The Redbox website boasts, “Renting more than
1.5 billion discs to date” (Redbox, 2012).
These numbers include rentals of both games and DVDs, showing that Redbox
has diversified in its race for number one.
This service upgrade is a definite benefit to the consumer and a leg up
for Redbox kiosks as the Blockbuster Kiosk does not offer games at the kiosk,
but you may rent them online along with videos.
Meanwhile, there is much competition in the world of VOD itself. The big players are Amazon, Best Buy,
Blockbuster, Hulu, Netflix, Wal-Mart, and Redbox may soon join the race. Typically these various VOD services require
some technology through which the video will stream, such as a Nintendo Wii, a
Sony Playstation 3, DVD and Blue-Ray disc players, TiVos, televisions,
computers, and smartphones.
Among
all the competitors, the battle seems to be Netflix vs. Blockbuster, since these
are the only two who offer videos through the mail, as well as, streaming
video. Netflix has already pulled ahead
of its competitor in that they have been able to get Netflix automatically set
up on new flat screen televisions. The
company even voiced the possibility that Netflix would be a part of almost all
Internet accessible devices (Roth, 2009).
Anderson
(2004) mentioned that ‘timing is everything’ and Netflix seems to getting the
jump on its competitor. Thornburg (2008)
added that there were advantages to the consumer when dealing with Red Queens
as the one who is running twice as fast is upgrading the product quality in
efforts to achieve consumer lock-in. In
this case, it is a plus to the consumer to be able to access VOD from any
Internet-ready device.
Revisiting
McLuhan’s tetrad, VOD would be the emerging technology which enhances watching
movies and television programming, obsoletes cable, retrieves the technology of
holographic television, and reverses into the function of renting DVDs in order
to watch movies.
Tetrad
for Video-On-Demand
Video-On-Demand
|
|||
Consumers may watch movies and
favorite television programs as streaming video on Internet-ready
devices. Service is affordable,
typically under $10.00 so far.
|
Cable
Television. Consumers no longer need
to pay exorbitant prices for channels they do not watch or which provide
programs which are of little or no interest to viewers. The technology also obsoletes renting VHS
movies and DVDs from a video store.
|
||
The
technology reverses into holographic television. This technology is projected for the year
2025 and will allow 3D images in movies and television programs to appear to
viewers.
|
The
technology reverses into the function of paying for a membership at the video
store and renting videos for viewing pleasure.
|
References
Anderson, C. (2004). Chris
Anderson of Wired on tech’s long tail [Video]. Retrieved from http://www.ted.com/talks/chris_anderson_of_wired_on_tech_s_long_tail.html
Arthur, W. (1996). Increasing
returns and the new world of business. Harvard
Business Review, 74(4), 100-109.
Elon University/Pew Internet
Project. (n.d.). Imagining the Internet: A history and forecast: Forward 150
timeline. Retrieved April 7, 2011, from http://www.elon.edu/docs/e-web/predictions/forward150years.pdf
Falcone, J. P. (September,
2011). Netflix vs. Blockbuster: What’s the best service for streaming and DVDs?
CNET News. Retrieved from http://news.cnet.com/8301-17938_105-20093587-1/netflix-vs-blockbuster-whats-the-best-service-for-streaming-and-dvds/
Fox News Network, LLC.
(2012). Netflix vs. Vudu vs. Amazon and More: A consumer guide to streaming
video. Retrieved from http://www.foxnews.com/tech/2011/07/28/netflix-vs-vudu-vs-amazon-and-more-consumer-guide-to-streaming-video/
Laureate Education,
Inc. (Executive Producer). (2009b). Emerging
and future technology: Red Queens . Baltimore , MD :
Author.
Redbox. (2012).
Facts about Redbox: Media
Center . Retrieved from http://www.redbox.com/facts
Roth, D.
(September, 2009). Netflix everywhere: Sorry cable, you’re history. Wired Magazine: 17.10. Retrieved from http://www.wired.com/techbiz/it/magazine/17-10/ff_netflix
Thornburg, D. (2012). Apple and Google as an example of an evolutionary Red Queen effect in
the technology world. Lake Barringon , IL : Thornburg
Center for Space
Exploration.
Thornburg, D. (2008). Red Queens, butterflies, and strange attractors: Imperfect lenses into
emergent technologies. Lake Barrington , IL : Thornburg
Center for Space
Exploration.