Posted Mon Jul 20, 2009 at 08:00 AM PDT by Mike Attebery
Blu-ray and Digital Distribution help stabilize home entertainment numbers.
According to the Digital Entertainment Group’s midyear report, Blu-ray sales are up a whopping 91percent to $407 million. And in accordance, retailers are getting more and more Blu-Ray, about 50 percent more than the previous year. Digitally distributed content shot up another 21percent as well, to $968 million, which includes around $200 million for electronic sellthrough.
On the other hand, the industry as a whole, which consists of DVD, Blu-ray Disc, and digital distribution, slipped by 3.9 percent to a total of $9.73 billion. DVD sales are clearly slipping, with Blu-ray and digitally distributed content helping to fill the void.
Perhaps the argument between Blu-ray and digital distribution is moot; with DVD on the decline, they’ve both got plenty of room to grow before there’s a need to split the market. More analysis and the full text of the press release can be found here.
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