DVD purchases fell 16% in the first nine months of 2010, according to the Digital Entertainment Group, but spending on films and TV shows declined only 4% as consumers found news ways of watching, from online services such as Netflix to kiosk rentals including Redbox.
Movie studio-backed DEG reported that purchases of Blu-ray titles rose 80%, showing consumers are embracing the high-definition format.
Spending on movies online, including streams and downloads, rose 37%, and video-on-demand increased 20%.
Rental spending fell 4.4%, but revenue from DVD and Blu-ray kiosks lifted 55%.
This is all ahead of the fourth quarter, when the biggest movies will be released on DVD and Blu-ray, including:
Leave a Reply