News: DVD purchases down 16% in 2010

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:

About S. Clark

Sam Clark is the former Managing Editor/Online Editor of Video Business magazine. With 19 years experience in journalism, 12 in the home entertainment industry, Sam has been hooked on movies on since she saw E.T. then stared into the sky waiting to meet her own friendly alien. Thanks to her husband’s shared love of movies, Sam reviews Blu-ray discs in a true home theater, with a 118-inch screen, projector and cushy recliners with cup holders.