Thread: The race to the bottom is on

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  1. #1 The race to the bottom is on 
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    I've just seen the start of the race to the bottom and a company renting out scarlet packages for $1250 a week? Why would anyone do that? What good can possibly come of devaluing the price of your kit that much. I've seen Epics go for $100 a day. Come on people wake up and smell the coffee. I'm all for free enterprise but not blatent foolishness where no one benefits from the long term effects of such short sighted short term thinking. I'm not surprised . I'm just sad. I left the stills industry as I saw its demise by similar short term opportunists and it's all set to happen all over again with moving images. It would be nice if we could learn from the demise of the stills industry.
    Last edited by Jon Nash; 06-26-2012 at 10:01 PM.
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  2. #2  
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    Did it include glass? How much glass?
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  3. #3  
    Senior Member Liam Hall's Avatar
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    The race to the bottom started years ago, but it has been getting worse lately. It's inevitable given the barriers to enter this industry have never been lower nor the worldwide economy so fragile.
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  4. #4  
    Senior Member Eric Z's Avatar
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    Well, $1250/week for Scarlet actually sounds quite reasonable to me.
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  5. #5  
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    I'm sure much the same conversation was had over at Arri when Red announced the pricing of the Epic and Scarlet.
    If it makes 'business sense' to them, then more power to them
    Scarlet-X #119 'Ginger'
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  6. #6  
    Was this from an actual rental house? A good deal on a much less capable camera, the EX3 with memory cards and a tripod is in this range as well...
    In my market, that's about the day rate for an M1 package (glass, support, ff, mattebox, monitor)...
    Not sure you can rent a Scarlet from the production houses here.. they seem to have mostly gone Epic..
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  7. #7  
    Senior Member Imran Farouk's Avatar
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    Heard in the UK, London specifically there is a Scarlet package for 400 quid WITH canon glass

    Really crazy...

    We're renting for slightly higher then that for friends and slightly more then what we give our friends + canon glass so the 400 is pretty much a killer for those looking to rent Scarlet first time...

    A lot of referrals and good first time service seems to be the only trick these days
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  8. #8  
    Quote Originally Posted by Jon Nash View Post
    It's an insult to Jim and just make no economic sense to anyone?
    It's no insult to Jim or RED it's what happens when you make a fantastic product. There are places I can rent a new Cadillac Escalade for that.
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  9. #9  
    Senior Member David W. Jones's Avatar
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    In the race to the bottom I have seen a post by a place renting Epic X packages as low as $150 per day. That's just nuts!!! My AF100 rents for more than that. Sad times indeed.
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  10. #10  
    Senior Member Marcos Montenegro's Avatar
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    It would be very useful if there was a monitoring body that controlled RED rental prices based on geographic location, availability and packages...it would be nice.
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