I don't have access to any historical wedding price data, so could be entirely wrong on #1 but some observations I think to be true:
1) Couples are spending as much on their wedding photos as always, in both dollar amount and as a percentage of their overall wedding budget.
2) The old school models are toast, and so are many of the old school shooters who did not adapt. The fact that they really don't know they are toast does not change that fact.
3) There is a very healthy demand for mid-price ($2,000-3,000) wedding photography that includes the DVD and an album.
4) There is a flood of extremely talented new wedding photographers who are satisfying couples needs at a fair price.
This.
You can debate the cause of the changing landscape of wedding photography, but it is irrelevant. It has permanently changed. Period. You can ride the wave of change and develop a business model that flows with it or you can try and fight it. There are plenty of examples of both around and the effect on their business, but in the end asking the question of why is no where near as important as asking the question of how to ride the changes and still make money.
Under the old business model of film days, wedding photography pricing had become artificially high and clients rebelled once they discovered a cheaper digital alternative.


