MPAA Report Details Shifts in Home Entertainment Market

According to the MPAA’s annual Theatrical Home Entertainment Market Environment (THEME) Report, data from DEG and IHS Markit points to a significant reduction in the sales of video discs, including DVD, Blu-ray Disc, and Ultra HD Blu-ray. Global sales of video disc formats dropped from $25.2 billion in 2014 to $13.1 billion in 2018. However, global consumer spending on home entertainment increased 16 percent over 2017, thanks in part to the growing adoption of online subscription services such as Netflix, Amazon and Hulu. The combined theatrical and home entertainment market increased 25 percent from five years ago. Continue reading MPAA Report Details Shifts in Home Entertainment Market

U.S. Home Entertainment Spending Peaks at $23.3B in 2018

According to DEG: The Digital Entertainment Group, U.S. consumer spending on home entertainment during 2018 reached an estimated $23.3 billion, a new record. During CES, DEG revealed that subscription streaming and “transactional video-on-demand” (TVOD) boosted the amount spent, which was up 11.5 percent from 2017. DEG noted that the numbers are still preliminary and that final numbers will be revealed in early February. The biggest growth came from subscription streaming mainly via Netflix, Amazon Prime Video and Hulu. Continue reading U.S. Home Entertainment Spending Peaks at $23.3B in 2018

After Consecutive Quarters of Decline, Disc Sales On Upswing

Consumers spent 4 percent more on movies, other content on discs and digital during Q2 2016 compared to the same period last year. According to DEG: The Digital Entertainment Group, disc sales increased 3 percent to $1.2 billion, including a 35 percent jump in Blu-ray Disc sales. Digital HD jumped 8.7 percent to $466 million. “Total consumer spending on home entertainment purchases is estimated at $1.67 billion for the three-month period that ended June 30, a healthy increase of 4.5 percent from $1.59 billion in the same period last year,” reports Variety. Ultra HD Blu-ray, which launched in March, could be a contributing factor. Continue reading After Consecutive Quarters of Decline, Disc Sales On Upswing

Disney Movies Anywhere Service Goes Wide on New Platforms

Disney is expanding support for its cloud-based digital movie service on more platforms with the debut of new apps for Amazon Fire tablets, Amazon’s Fire TV and Fire TV Stick, and Microsoft Xbox 360. Apps for Android TV and Roku are expected in a few days. The Disney Movies Anywhere collection currently features more than 450 digital movies from Disney, Marvel and Pixar in addition to Star Wars and short form content. Its new app is now available to Amazon and Microsoft customers, the result of new partnerships between the studio and both companies. Continue reading Disney Movies Anywhere Service Goes Wide on New Platforms

LG to Intro New Flat Series of HDR-Compliant 4K OLED TVs

LG announced that its first flat-screen 4K OLED TV lineup will be available next month. The EF9500 series will be similarly priced to the curved EF9600 series ($5,500 for the 55-inch model and $7,000 for the 65-inch model). However, the new series will mark the first fully HDR-compliant OLED TVs, capable of displaying high dynamic range content from streaming sources and components such as Ultra HD Blu-ray discs and players shipping later this year. HDR offers more contrast between light and dark images for a superior viewing experience. Continue reading LG to Intro New Flat Series of HDR-Compliant 4K OLED TVs