The Last Stand: JM Video Battles Against the Streaming Tide
JM Video, a cherished DVD rental store in Paris, fights for survival amidst the rise of streaming platforms. Despite boasting a vast collection, high rents and declining customers threaten its existence. A crowdfunding appeal has raised €26,000, but more is needed to secure its future.
In the heart of Paris, JM Video stands as a bastion for film aficionados, drawing attention even from stars like Brad Pitt. Despite its rich collection surpassing major streaming services, this DVD rental store battles for its future against the surging tide of online platforms.
The store boasts a library of over 50,000 films, a stark contrast to the limited offerings of streaming giants. Yet, the financial strain caused by exorbitant rents and a shrinking customer base is palpable. The arrival of more streaming services exacerbates the situation, casting doubt on the store's sustainability.
Established in 1982, JM Video is one of the last DVD stores in France. Manager Theo Bancilhon acknowledges the challenges, pointing out losses and unmet financial needs. However, a successful crowdfunding initiative reflects community support. Bancilhon advocates for the value of traditional cinema consumption, appealing to younger audiences interested in quality formats and diverse film experiences.
(With inputs from agencies.)
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