Re: WHV Press Release: The Wizard of Oz 70th Anniversary UCE (DVD/Blu-ray)
I was at an awards luncheon in Vegas in January seated next to a Warner Veep who was very involved with the restoration practices for impending Blu release. He was very open in discussing the films in play and fact that Warner was spending a ton of money in the 8k scans. He specifically cited Wizard, Doc Z and Gone With the Wind, and his comments about pricing prompted a conversation that made me very curious about how these films would be released.
In a nutshell, he felt that HD buyers are financing the restorations (or rescans where applicable). He indicated that the expense of restoration and the low retail pricing of DVDs was going to ensure that Blu-Ray releases of classic films would be priced high.
My response was that while I have a high appreciation for restorations (can't wait for Dr. Z, BTW), it is NOT THE CONSUMER'S RESPONSIBILITY TO FUND RESTORATIONS. While of course it's logical that the studio release profitable product, I pointed out that these 8k transfers would be used again, either for next-gen Home Theater or TV broadcasts (or even theater re-release!), etc.
The conversation was cut short to my dismay, but the format of HiDef releases such as Casablanca and now Wizard serves to solidify his position. So...do you LOVE these old films? Do you LOVE them enough to buy high-margin releases that encourage studios to keep up with the latest tech? Or do you think that managing/maintaining their catalog (regardless of film importance or historic stature) is the sole responsibility of the studio? Of course, the choice of volume sales vs. high-margin, lower volume sales is debatable, but in the end, these films belong to the studios to release as they see fit.
Myself, I'm torn. When DVDs got cheap, I went from collecting my 'Favorite' films to buying titles that were 'OK', and now have a lot of 'meh' in my collection. Perhaps if I had to pay more for movies, I'd have a smaller, tighter collection. Or not.
Just my two pennies rubbed together.