" This is Money Markets & More for Monday July 20 2009. From the news -- of the MarketWatch radio network I'm Adrian until. Coming up worried about earnings you're really gonna need the end tested this week."
" And I'm John Ward knocked in a moment we're gonna talk about renting versus buying dvds apparently consumers are dueling blocked and they are renting as opposed to buying consumer -- and case that's right. Your renting dvds. We won't get into what you're renting but. We'll talk about that trend in a moment but first."
" Now UV -- you marketwatch.com. You. Instant access to the advice you. He can manage your portfolio and make smart decisions about your money than you marketwatch.com. It's fast accurate comprehensive -- that you marketwatch.com today -- Head of now."
" On this state forty years ago. In 1969."
" Because gold diggers here and go play of the Earth's moon landing we copy you on the ground he got a bunch forgot about bird flu outbreak and again."
" Neil Armstrong descended the lunar modules latter two uttered these famous words."
" Perform all drill program."
" Viable -- for her about high point of the Apollo eleven mission that put the first man on the moon forty years. Today. And more families are finding out how. It is to become -- Ford -- on this date in 1903. Of Ford Motor Co. shipped its first car. In 1921. Airmail service started between New York City and San Francisco. In 1938 the Justice Department filed an antitrust suit against the movie industry that would lead to its break up ten years later. In 1944 president Roosevelt won the democratic nomination for the fourth and final time. In 1968. The Special Olympics was found and in 1984. Vanessa Williams was asked to turn in her Miss America crown after used pictures of her were published. It's Money Markets & More at marketwatch.com."
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" We made it through the first week of earnings reports for the second quarter but we're not done yet so how's it going at what's ahead. We look at the week on Wall Street with MarketWatch Wall Street reporter Larry Kofsky."
" Well Adrian so far so good the first full week of second quarter earnings season was generally positive. Wall Street was encouraged by strong results from Goldman Sachs Intel JPMorgan Chase and IBM. But there's still a long way to go and chief investment officer Hugh Johnson & Johnson Ellington advisers says the road could get --"
" A lot of industries a lot of very important companies. But technology we're looking -- obviously we've seen to really strong financial the two strongest financial so do we expected to have really good earnings and now we got the rest of the financial world of finance to look at and and that's going to be a little different picture that's going to be. Be a little bit of -- rocky road if you mania of the -- strong financial have reported so far. We've got a look at the weaker financial and we also have to look at both technology companies. They really make make to make the day or not for the technology sector and the market."
" Roughly 200 of the S&P 500 companies are due to report this week among the financials we'll hear from American Express Wells Fargo and PNC. Apple Amazon.com. And Microsoft are among the technologies. Other blue chips include Coca-Cola McDonald's symbolic. The economic calendar is -- in the conference board's index of leading economic indicators comes out Monday. But the modest increase expected the National Association of Realtors reports on Thursday. On June home resales analysts see -- six tenths of 1% increase from may. Adrian thanks Larry."
" You could be a rock star. At least in the gaming world harmonics and MTV games the makers of rock band -- songwriters the chance to turn they've songs into games songs. Songs that survived play testing by premium members will be sold at the rock band that works store. How do you watch dvds. John Ward off -- and -- are here with their bowl of popcorn. Point they eat a lot stepped on day to talk about the latest trends in renting. Versus Bonnie."
" Now be truthful now do you rent or diesel buying dvds apparently more appeal are renting them that's right. Despite some of those bargain basement prices you're seeing for dvds may be in the checkout aisle at the supermarket. You are still choosing to rent them and let's bring in our consumer race and Kate's. Who I believe just rent it On Golden Pond did you not."
" No I did not know OK -- paragraph as a safe. So -- goes about its outer part of the adult film version but I want to advance I have. I Notre Dame hey anyway a lot more people are renting movies these days as you said there's a new numbers that showed that for the first half of the year movie rental revenue is up about 8%. And other hand during that same time period. Purchases of movies on dvds dropped by more than 13%. And what does that mean well it means that I mean for a long time people were buying dvds now as a big part of revenue movie studios that they really depended on that and starting about a year or so ago people. Where were knocking off on buying dvds. One reason why people aren't buying them much anymore as a much anymore is that there's the new format but remember that from VHS to dvd will allow. Supposedly we're going for dvd to Blu-ray so maybe some people are thinking all I wanna buy a movie. On TV deal and add to turn around a couple of years now by -- on Blu-ray so that's part of that is that may be one reason."
" You know I was looking and blu ray's the other dance Atlantic's. So alone for two and on and -- it's like you know I don't watch movies that often. And right now we're getting most of our movies on demand mainly used to belong to blockbuster. We flirted with Netflix. But I mean now Verizon files pops right there click what you want and it's nice."
" It is nice inspector not the only one because that they kind of lump all these numbers together but video on demand. Going to Netflix things like that. They're all up by about one quarter so so more people like you are also. Doing that -- the buyer even going out to blockbuster there they're getting their movies that way."
" Yeah I think it's all moving online eventually regardless and no matter whether tiger Blu-ray or dvds at some point and would you can already do it where you can hook up your computer to. The television service you provide and download movies that way."
" and as you mentioned and that may be Blu-ray brown prices have come down but there's a recession going on I know I've -- race. I always have dvd players and I'm like an. Right around and replace them with Blu-ray and they work fine I have plenty of things on dvd to watch I just. Don't feel an overwhelming are trying to do that yet that Pilates dvd you have there's probably no probably not on Blu-ray on the so."
" I do you rent Irvine."
" Actually I just took a batch back to blockbuster this morning. This morning this morning before work those are active active amply get here no dark thirties right he was a little slot viewer in the car. Idling outside the blockbuster new random pop those things in the overnight again but that I've sort of hit or miss with -- again and the -- to watch something maybe into the that in -- indicators that sometimes ago two months without going to blockbuster M interesting interesting and you know folks. Are now going to the library to rent dvd that you do that there's and I go to grocery store I have never done that those. Dollar a day movie rental. The kiosks in a box just let box at the red box kiosks went that's my coworker does -- I've never done -- but there's a line is you can't beat the price that's for sure."
" I know and though one of my sons actually likes assaulting. Sea of Red Sox kiosk in our local grocery store going up trying to climb on top of it. Either that or they Coinstar. Machine right next to it you hate lets you -- and skill list before -- notices. A I must be exciting to get a grocery store it is it's -- and -- usually thank god we haven't had its right to the hospital after that but. Look at that mr. word on yours Sean suffered a concussion from -- again that he had this. -- he fell off the red box kiosk and he was hiking and climbing it and he fell off the top of it yeah I achieve well you're sure number or not do that. Now in them. Consumer race and -- and if folks want a rightists. They can Regis it MarketWatch radio newsroom at Yahoo.com. And tell us are you renting. What are you doing with your dvds what is your main source of entertainment these days are you buying dvds he can get him for like four and on and on announcing at the checkout aisle. If you wanna launch you know some. Movie from ten years ago or something. Or are you buying them you know at blockbuster are you renting them -- downloading them let us know we loved it. Share with the class what you were doing and please provide your name and where you're riding crop. And you can also reaches where and."
" That Twitter and MW radio and on FaceBook at MarketWatch radio newsroom as an excuse might MarketWatch radio net that's right MarketWatch radio network on FaceBook. And -- thank you very much thank you thanks John an end. And speaking of movies so."
" That transformers sequel is now the biggest box office hit ever. In China. Transformers two has made nearly sixty million dollars there to -- out Titanic. But Chinese audiences -- seeing an edited version -- who leaked out the word -- high in the opening sequence. That's it for Money Markets & More -- Adrian Mitchell thanks for listening until next time."