DEG Reports Increase in U.S. Home Entertainment Spending

Consumer spending on home entertainment was up 3.8 percent to $4.2 billion in Q3, according to DEG: The Digital Entertainment Group. “Leading the charge was subscription streaming, with sales up 23.9 percent,” reports TWICE. “Electronic sell-through followed with a 9.8 percent gain, while VOD trailed in third place among digital formats with a 4.8 percent increase.” Packaged media took a hit, with combined Blu-ray and DVD sales dropping 8.7 percent, while storefront, kiosk and subscription rentals declined 17.8 percent. DEG notes that 85 percent of U.S. homes now have a 1080p TV, and sales of 4K TVs are approaching 10 million units. Continue reading DEG Reports Increase in U.S. Home Entertainment Spending

New Titles and EST Boost Home Entertainment Spending

Consumers spent approximately $4.69 billion on home entertainment purchases and rentals during Q1 2013, according to the Digital Entertainment Group. Spending rose more than five percent over the same period in 2012, due to a new slate of titles and growth of electronic sell-through (largely a result of increased access to digital content). Some credit the success of UltraViolet, which may be loosening Apple’s grip on the EST market. Continue reading New Titles and EST Boost Home Entertainment Spending

Report: Worldwide Spending on Movies Up $1.3 Billion in 2012

Worldwide spending on watching movies last year reached $62.4 billion, up from $61.1 billion in 2011 and $60.1 billion in 2010, according to IHS Screen Digest. The numbers include theatrical releases, disc rentals, pay TV VOD and digital retail purchases and rentals. North America accounted for 41 percent of global movie revenue in 2012, although spending on physical media saw a decline. Continue reading Report: Worldwide Spending on Movies Up $1.3 Billion in 2012