Home Entertainment Spending on the Rise - AVS Forum
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post #1 of 2 Old 10-26-2012, 03:59 PM - Thread Starter
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The latest statistics from the Digital Entertainment Group (DEG) show continued stabilization in consumer entertainment spending for the first time since 2007.

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Consumer spending on home entertainment in the first nine months of this year is up 1% from the first nine months of 2011, according to the latest report from DEG: The Digital Entertainment Group.

The lift — which reflects a slight 0.24% uptick in the third quarter after a 1.4% gain at the year’s mid-year mark — is once again attributed to gains in Blu-ray Disc sales, subscription streaming and electronic distribution.

In other related news...
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Meanwhile, DEG reports that UltraViolet registrations have surpassed 6 million. UltraViolet — a studio-backed initiative to boost discs sales by providing disc buyers with a “digital locker” to store their purchased content in the cloud — continues to roll out into other countries, with Canada up next before the end of this year.

As of Sept. 30, 2012, consumers this year have spent an estimated $12.342 billion on home entertainment, up from $12.215 billion for the same period last year. The third quarter accounted for $3.94 billion of this year's tally, compared with $3.93 billion last year.

What about DVD/Blu-ray spending?
Quote:
Packaged-media sell-through spending for DVD and Blu-ray Disc combined for the year is pegged at $5.4 billion, down from $5.6 billion in the first nine months of 2011 — a drop of just 3.8%, a far cry from the double-digit drops the industry saw in prior years. Factor in electronic sellthrough and the dropoff dwindles to 1.7%, with EST spending rising from $406 million in the first nine months of 2011 to $517 million in the same period this year — a gain of 27%.

Blu-ray Disc spending continued to post significant gains, rising 13% in the third quarter alone. Sales of catalog titles fared even better, rising 22% between June 1 and Sept. 30, 2012, from the comparable period a year ago.

Subscription streaming spending nearly tripled, from $464 million in the first nine months of 2011 to $1.68 billion in 2012 as of Sept. 30.

That more than made up for huge drops in disc rental, both in brick-and-mortar stores (down 29.3% so far this year) and via subscription (down 50.4%).

Overall this is a good sign with hopes for the continued rise.



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post #2 of 2 Old 10-26-2012, 04:07 PM
 
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I still say that counting SVOD as part of Consumer Entertainment Spending is BS. They don't count HBO or Cinemax or Starz.
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