New Holiday Sales Records Predicted for Digital Home Video

The home entertainment divisions of Hollywood studios are projected to generate record sales of movies and TV shows on digital platforms this holiday shopping season between Thanksgiving and Christmas. Digital sales are experiencing an upswing as more consumers access media via their mobile devices, smart TVs and connected game consoles. In addition, retailers such as Best Buy, Target and Walmart are pushing digital in an effort to make up for the downward trend in disc sales. Continue reading New Holiday Sales Records Predicted for Digital Home Video

DEG Numbers Point to SVOD Growth, Physical Disc Decline

According to DEG: The Digital Entertainment Group, U.S. consumer spending for Q3 2014 was an estimated $3.92 billion, down 1.2 percent from the same quarter last year. Consumer spending on DVDs and Blu-ray Discs combined was down 8 percent in the quarter, while electronic sell-through grew 26 percent. Transaction VOD was down almost 7 percent; however, spending on subscription VOD, such as Netflix streaming, saw an increase of more than 26 percent for the first nine months of the year. Continue reading DEG Numbers Point to SVOD Growth, Physical Disc Decline

Google Play Movies & TV Comes to Roku, TiVo Includes Vudu

Roku announced that its channel selections now include Google Play Movies & TV, which allows users to watch films and shows rented or purchased via Google Play. Unlike the Google Play Movies & TV app for iOS, users will be able to access content directly through the Roku channel. This may seem like odd news since Google recently announced its own Android TV streaming box, the $100 Nexus Player, which will launch this month. In related news, Vudu is now available on select TiVo models. Continue reading Google Play Movies & TV Comes to Roku, TiVo Includes Vudu

Amazon in Talks with Hollywood Studios to Join UltraViolet

Amazon is reportedly in talks with at least three Hollywood studios to join the UltraViolet digital locker consortium. According to people with knowledge of the matter, Amazon has been in talks with Sony Pictures Entertainment, Universal Pictures and Warner Bros. The retail giant is currently ranked No. 2 behind Apple in digital movie sales and rentals. If Amazon were to implement UltraViolet, it could help jumpstart efforts to expand the $2 billion online movie-sales business and make it a greater threat to Apple. Continue reading Amazon in Talks with Hollywood Studios to Join UltraViolet

Amazon Update Brings Prime Instant Video to Android Phones

Amazon announced yesterday that it plans to make Prime Instant Video available to all Android phones in the U.S., U.K. and Germany. An update to the Amazon app for Android will enable users to stream movies and TV shows available through Prime Instant Video. However, users will first need to install or update the Amazon app, and then use in-app tools to install the Amazon Instant Video player app. Users will also need to enable a phone setting that allows installing of apps from outside the Google Play store. Continue reading Amazon Update Brings Prime Instant Video to Android Phones

Apple TV Users Can Access Bonus Content with iTunes Extras

Apple unveiled a new version of iTunes Extras that offers Apple TV users access to bonus content for movies they buy through iTunes. It also enables studios to dynamically update content related to their films. The update comes as Hollywood looks to provide film fans with added incentives to purchase digital movies. In the wake of declining DVD sales, the studios are hoping consumers will turn to digital purchases rather than renting or watching via subscription VOD services. Continue reading Apple TV Users Can Access Bonus Content with iTunes Extras

PwC Study: Electronic Home Video to Top Physical by 2016

According to new report from PricewaterhouseCoopers, box office and digital revenue is expected to steadily increase over the next five years, while rentals and sales of discs are projected to sharply decline. PwC predicts that electronic home video revenue will exceed revenue of physical home video by 2016. Not surprisingly, DVDs are facing a questionable future. PwC estimates that physical home entertainment revenue will decline from $12.2 billion in 2013 to $8.7 billion in 2018. Continue reading PwC Study: Electronic Home Video to Top Physical by 2016

Redbox Refocuses as Sales and Streaming Service Stagnate

Redbox, the nation’s largest DVD renter, is uninstalling more than 500 kiosks, renegotiating contracts with studios for more favorable content rights, and optimizing its streaming service, Redbox Instant. These changes come as the company faces several challenges: revenue rose only three percent last year after double-digit increases in past years, good locations for kiosks are dwindling, and Redbox Instant only accounts for less than 1 percent of video-on-demand rentals. Continue reading Redbox Refocuses as Sales and Streaming Service Stagnate

Video Equipment Rentals Plans to Acquire Cameron Pace Group

Journalist and ETCentric contributor Adrian Pennington forwarded us news that Los Angeles-based Video Equipment Rentals (VER) will purchase 3D film and television leader CAMERON PACE Group (CPG). Led by James Cameron and Vince Pace, CPG is an innovator in 3D technologies and production services, including the FUSION 3D workflow system. VER, with headquarters in Glendale, California, has dozens of locations across the United States, Canada and Europe. Continue reading Video Equipment Rentals Plans to Acquire Cameron Pace Group

Digital Movie Revenue on the Rise While Home Video Sales Fall

According to first quarter reports, revenue from digital movies has grown 43 percent since last year, bringing in $330.25 million for the home entertainment industry. However, that number is still dwarfed by the revenue from disc sales. Even though disc sales dropped 13.7 percent, they still account for $1.82 billion in consumer spending on DVDs and Blu-ray discs. Revenue from subscription streaming is up 26.5 percent to $928.6 million. Continue reading Digital Movie Revenue on the Rise While Home Video Sales Fall

Exec Credits Digital Downloads for Fox Home Video Growth

During a Q3 earnings call Wednesday, News Corp. COO Chase Carey discussed how Fox has experienced significant growth in home video due to digital downloads. Carey cited digital rentals and downloads via sites such as iTunes and Amazon as the primary contributing factor. He also suggested that in a few years “Hulu will look a bit different than it does today,” in order to compete with Netflix. Continue reading Exec Credits Digital Downloads for Fox Home Video Growth

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