Valuetainment - “Nostalgic Desire” - Physical Games Could Be DISAPPEARING Soon

00:00:00.000 PlayStation video games okay no more discs we want discs we want the ownership we want to feel

00:00:05.840 like we got a disc no well we're just going to give it a download it on your system and that's

00:00:10.140 all it's going to be no no I want my disc I want to make sure I have the disc I'm going to read

00:00:14.740 this to you and I wonder how you process this and Tom I'm going to come to you with this one because

00:00:19.140 it is a big story a lot of people are not happy about this story because they're sitting around

00:00:23.260 saying, hey, if I'm buying this thing, I want a physical disc of the video game

00:00:34.260 to be given to me.

00:00:35.180 That's what I want.

00:00:36.280 No, you're going to be fine just with the download.

00:00:38.840 No, I want the disc.

00:00:39.660 So let me read this.

00:00:41.180 Brands smell blood in the water after PlayStation Access game discs,

00:00:44.980 and they're roasting Sony for it.

00:00:47.380 This is a business insider story.

00:00:49.640 This is a business insider story that we have here.

00:00:53.760 Okay, so let me go through it.

00:00:54.760 Sony's decision to stop making physical discs for its PlayStation games starting in 2020,

00:00:59.440 it has opened the floodgates for brands eager to score points online.

00:01:02.820 Within hours of the announcement, companies ranging from creators of privacy software

00:01:06.900 to fried kitchen chains piled on using the PlayStation All Digital Future as fodder for jokes,

00:01:14.120 Sony said the shift reflects the fact that the general preference for digital media

00:01:18.580 significantly outpaces that for physical disc.

00:01:22.540 The post tapped into a broader backlash from fans who have expressed worry

00:01:25.880 about ownership, media preservation,

00:01:28.160 and what happens when everything lives behind a download.

00:01:32.220 Tom, what is your position with this?

00:01:34.220 I'll tell you where it's position.

00:01:36.220 I was part of one of these suits.

00:01:39.640 So once upon a time, there was a company called Vudu.

00:01:42.320 And, guys, if you could go look that up, V-U-D-U,

00:01:45.120 and look up Vudu Box, like, 2010.

00:01:47.360 and 10. I'm on it. Yep. And you'll see, you bought a physical box that would download movies

00:01:55.100 and then you own those movies and they were the quality of laser discs. They were, it was a set

00:02:01.020 top player, but it was high quality. So I jumped in because Voodoo was invested in by Benchmark

00:02:08.920 Capital and a guy named Bill Gurley. And so I heard about all this. I said, wow, this is really cool.

00:02:13.780 I can own the content, digitally stored in my box.

00:02:16.840 Well, cool.

00:02:17.560 Well, Walmart buys Voodoo, and then subscriptions comes along, and it changed.

00:02:23.660 And then you're ready for this?

00:02:24.920 By the way, these things had, at the time, one terabyte hard drives.

00:02:30.200 Back then.

00:02:31.220 Back then.

00:02:32.260 Back then.

00:02:33.320 Back then, they didn't want me.

00:02:34.700 Now I'm hot.

00:02:35.200 They're all on me.

00:02:36.060 You know that song?

00:02:36.880 Exactly.

00:02:37.320 And so what happened was you had all of this stuff being stored there.

00:02:43.460 Walmart buys Voodoo, and then Walmart decides they're not going to do it anymore.

00:02:48.820 They shut down the box.

00:02:50.800 I own the movies.

00:02:52.520 I bought the movies.

00:02:54.460 And it gets over to Fandango.

00:02:56.700 And then you know what Fandango did, Pat?

00:02:58.760 They changed the pricing and changed the subscription. 0.99

00:03:01.460 Damn Fandango. 1.00

00:03:01.860 Wait a minute. 1.00

00:03:02.800 When you were Voodoo, I bought copies of The Godfather at Voodoo. 1.00

00:03:07.520 Then I bought copies of Jaws. 0.92

00:03:09.060 Those were mine.

00:03:10.620 Then it gets sold to Walmart.

00:03:12.100 Get it?

00:03:12.440 And then it gets sold to Fandango.

00:03:13.780 And finally, Fandango, it was like a $9 million lawsuit, $9 or $10 million, Pat.

00:03:20.020 And by the way, you know who that money went to? 0.88

00:03:22.400 The Voodoo users. 0.97

00:03:24.600 And so this is the tip of the iceberg. 1.00

00:03:27.460 I love you, Tom.

00:03:28.380 Do you see how it came back?

00:03:29.560 Yes.

00:03:30.160 It came back.

00:03:31.000 So this is people saying the same thing.

00:03:33.220 Wait a minute.

00:03:33.960 If I buy Call of Duty, I want the disc.

00:03:36.720 If you ever go away, I want the ability to keep the game I bought.

00:03:42.300 And in the area of, and by the way, what if you sell to somebody else?

00:03:46.180 Because they've seen this movie before, Pat.

00:03:48.420 So the video game people are well aware of what happened.

00:03:52.600 The Voodoo Box, one terabyte drive, downloading movies, sold to Walmart.

00:03:57.120 They screw it up.

00:03:58.260 Sold to Fandango.

00:03:59.520 They screw it up. 0.66

00:04:00.340 My opinion, as a consumer, I think both of those things are screwed up.

00:04:03.800 That's my assessment.

00:04:05.260 And then you end up in a class action law school.

00:04:07.480 Do you understand, Pat?

00:04:08.780 Everybody thought they owned their movies.

00:04:10.280 Let me ask you.

00:04:10.860 How often has Apple removed movies that users bought because licensing agreement expired?

00:04:23.220 How often has this happened with Apple?

00:04:25.580 Who else should I put there?

00:04:26.460 Netflix?

00:04:27.520 Hang on.

00:04:28.260 I did a case study on Netflix, and I had Brooker come on at 10 years old.

00:04:34.800 And you know what she did?

00:04:35.920 She comes on there and says, well, the BizDoc now got us Disney Plus

00:04:39.540 because all my movies disappeared from Netflix.

00:04:42.940 But that's different, though, Tom.

00:04:44.400 That's different because Netflix and, you know,

00:04:47.100 Disney left and started their own OTT.

00:04:49.360 I'm talking about something else.

00:04:50.480 That is one, but I'm wondering.

00:04:52.220 So it actually hasn't happened.

00:04:53.880 It's rare.

00:04:54.440 In 2018, a few user movies disappeared from their libraries

00:04:58.460 after studio licensing changed.

00:05:00.900 Apple restored access for some customers

00:05:03.040 and explained that rights issued can affect availability.

00:05:06.560 Country changes.

00:05:08.220 Some users have temporarily lost access after changing the country associated with their Apple account.

00:05:13.380 Okay, so that one makes sense.

00:05:14.240 There's no evidence that Apple irregularly removes purchased movies,

00:05:17.080 considering Apple has sold hundreds of millions of digital movies for nearly 20 years.

00:05:20.880 Only a small number of cases with Netflix is different because it doesn't sell digital movie purchases.

00:05:26.420 Netflix licenses movies.

00:05:28.540 TV subscription, when a license agreement expires, the title simply leaves the catalog.

00:05:32.240 Since users have never purchased a movie, Netflix is now removing it, which makes sense.

00:05:36.040 And Sony PlayStation announced it would remove 551 purchased movies because of licensing.

00:05:42.160 So that one is true.

00:05:43.720 So Sony screwed up there.

00:05:44.780 And Sony in 2022 removed 314 Studio Canal titles and part of Europe after a licensing dispute.

00:05:52.480 And then in 2023, Sony Discovery Content planned to remove purchased Discovery shows but reversed course after public backlash and reached a new licensing agreement.

00:06:03.340 So then that makes sense.

00:06:04.040 So Apple I'm buying hasn't happened.

00:06:06.480 Netflix, they're buying licensing, and I'm paying monthly, so it's okay if it happens.

00:06:10.340 Sony's the only one that's screwed up here, which we'll see what'll happen with the market reacting to the video games here, Todd.

00:06:15.520 I'll give you more and more angle.

00:06:17.540 What if a new president doesn't like the games that are on there because they think they're too violent?

00:06:25.160 Or in Call of Duty, you're shooting people from another country, and they decided that country's not so bad.

00:06:32.120 and they tell Sony to take that game down and people have paid 34 bucks for the game

00:06:40.160 and they're sitting there right yep that's that that's what I fear what I fear is content

00:06:49.860 censorship when somebody legitimately bought a piece of content they want that disc so that

00:06:55.440 they know they own Call of Duty or whatever the game is they own it forever and is it feasible

00:07:01.700 that you could have an administration

00:07:03.620 that doesn't like this content or that

00:07:05.800 content or doesn't like how this or that

00:07:07.560 and then can turn it off? What do

00:07:09.780 you think Brandon Carr's job

00:07:11.820 was on day one? Was to protect

00:07:13.980 podcasts like this one, Brandon Carr's chairman

00:07:15.880 of the FCC, was to protect us

00:07:18.020 from being shadow banned

00:07:19.740 or crippled or taken off. Thank you, Brandon.

00:07:22.100 Adam, your thoughts? They just pull up

00:07:23.920 the wrong Brandon Carr. They pull up an NFL player.

00:07:26.440 You know me and my

00:07:27.900 video games. I don't endorse it. I don't play it.

00:07:31.000 In recent memory, it's the second time I think you've brought up video games.

00:07:33.640 You talked about Grand Theft Auto.

00:07:35.820 You're bringing this up.

00:07:36.660 What's going on?

00:07:37.420 Is there something that you, you know, how do you feel about video games?

00:07:40.500 Why is this something that you want to talk about again? 0.98

00:07:42.140 No, no, I think it's business strategy that's dumb. 0.97

00:07:45.100 You can't lose your customers. 0.70

00:07:46.260 And to me, there is an element of, like, listen, a lot of people have moved over to Kindle, okay?

00:07:53.380 And they like Kindle, reading Kindle.

00:07:55.380 I'm not a fan.

00:07:56.620 I like, if you see me, I always have a physical book with me.

00:07:59.660 because I like the sentimental meaning of reading a book.

00:08:05.300 I get some people that are – I like that.

00:08:07.220 Now, don't get me wrong.

00:08:08.200 I don't listen to music on cassette tapes.

00:08:09.820 I don't have that sentimental, even though Eazy-E back in the days,

00:08:12.240 real mother – you know what, geez.

00:08:14.260 You're going to hit them up. 1.00

00:08:15.300 We know you're going to hit them up.

00:08:16.900 I didn't listen to a lot of Christian music back in the days.

00:08:19.240 But to me, I think it's the sentimental side of having that.

00:08:23.560 The movie side where, you know, back in the days,

00:08:26.740 like my sister had a collection of all the Disney movies.

00:08:29.660 and it was a big deal, the VHS Disney.

00:08:32.040 Because some of these things are very, very expensive.

00:08:33.560 My dad had it as well.

00:08:35.240 And so you collected it.

00:08:36.320 It was something that we have in our family as well,

00:08:38.900 those DVDs you collect.

00:08:40.700 I understand the nostalgic desire of, yeah, these things.

00:08:45.900 Like people have these types of collections.

00:08:47.640 There's something special about it because it's a bond.

00:08:49.800 So for video games, I get the younger audience saying that.

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00:09:22.380 Now I want to understand this.

00:09:23.520 One of the things that people are fascinated about when they come to Valuetainment,

00:09:26.780 there's the hanger there's the car they come and see the thing in front of your office the read

00:09:31.780 yes filled with books people go oh my is that what it's it says i thought it said i know you

00:09:36.800 thought you said reyad i know row ad also for roads but i get it i'm going to teach you how

00:09:41.820 to reyad one of these days but there's something nostalgic about that for instance i have all my

00:09:46.200 cds in a case like this collecting dust there's certain things that we don't have that people

00:09:50.540 like the physical touch like for instance why do people invest in real estate they want to be able

00:09:54.360 to touch the assets i invest in reits real estate investment trust because i'm not trying to get my

00:09:58.860 hands dirty trying to be a pretty boy out here but there is something nostalgic you about holding

00:10:03.120 a book and reading it even if you use an audible this used to be one of my sets back in the days

00:10:08.540 that was look at you by the way good work team in the back you guys are speedy today oh yeah

00:10:14.680 today i'm impressed so yeah this used to be the first uh uh how old were you here i'm probably

00:10:20.760 18 years old now this is 36 this is i'm 36 i'm 36 37 years you know how i always know how old

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Valuetainment - July 08, 2026

“Nostalgic Desire” - Physical Games Could Be DISAPPEARING Soon

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