Quote:
With ongoing increases in by-mail, kiosk and video-on-demand delivery channels for movie and episodic television rentals, traditional video stores will generate 47% of domestic rental revenue in 2010 down 12% from 2009, according to a new report.
In an April study on distribution of Hollywood entertainment by The Convergence Consulting Group Limited in Toronto, by-mail distribution (spearheaded by Netflix) is expected to generate 32% of domestic rental revenue compared to 27% in 2009.
Kiosks, led by Redbox will account for 19% (12% last year) and online, which includes VOD and streaming, generating 3% compared to 2% in 2009.
Indeed, Apple's iTunes Store more than doubled its inventory of episodic and seasonal TV programming in 2009, and saw an estimated 100 million episodes downloaded up 10% from 90 million downloads in 2008, according to the report.
Apple's content aggregator generated about $200 million in 2009 TV program download revenue compared to $180 million in 2008.
Despite paying $2 ($3 for high-def) per TV episode on iTunes compared to 58 cents per hour for programming on cable TV, about 800,000 U.S. households cut their cable subscriptions in 2009.
The report said the tally, which represents less than 3% of full-episode online TV viewers, is expected to top 1.6 million homes by 2011 as more households opt for repurposed viewing online and Netflix, among others.
With ongoing increases in by-mail, kiosk and video-on-demand delivery channels for movie and episodic television rentals, traditional video stores will generate 47% of domestic rental revenue in 2010 down 12% from 2009, according to a new report.
In an April study on distribution of Hollywood entertainment by The Convergence Consulting Group Limited in Toronto, by-mail distribution (spearheaded by Netflix) is expected to generate 32% of domestic rental revenue compared to 27% in 2009.
Kiosks, led by Redbox will account for 19% (12% last year) and online, which includes VOD and streaming, generating 3% compared to 2% in 2009.
Indeed, Apple's iTunes Store more than doubled its inventory of episodic and seasonal TV programming in 2009, and saw an estimated 100 million episodes downloaded up 10% from 90 million downloads in 2008, according to the report.
Apple's content aggregator generated about $200 million in 2009 TV program download revenue compared to $180 million in 2008.
Despite paying $2 ($3 for high-def) per TV episode on iTunes compared to 58 cents per hour for programming on cable TV, about 800,000 U.S. households cut their cable subscriptions in 2009.
The report said the tally, which represents less than 3% of full-episode online TV viewers, is expected to top 1.6 million homes by 2011 as more households opt for repurposed viewing online and Netflix, among others.
Quote:
Convergence Consulting Group said ongoing efforts by the studios to establish a retail window (at the expense of by-mail and kiosks) would increase revenue from digital movie sales to 4.6% of combined DVD/Blu-ray Disc/TV DVD/download sales this year, compared to 2.5% in 2009.
Finally, cable and Telco (Verizon FiOS TV, AT&T, etc.) VOD movie revenue grew 18% in 2009.
Convergence Consulting Group said ongoing efforts by the studios to establish a retail window (at the expense of by-mail and kiosks) would increase revenue from digital movie sales to 4.6% of combined DVD/Blu-ray Disc/TV DVD/download sales this year, compared to 2.5% in 2009.
Finally, cable and Telco (Verizon FiOS TV, AT&T, etc.) VOD movie revenue grew 18% in 2009.
http://www.homemediamagazine.com/mar...-12-2010-19069
