According to Home Media Magazine:
Sales of Blu-ray Disc and DVD movies remain the largest source of revenue for the movie industry, accounting for 61% of home video spending on movies (excluding Netflix and other subscription video-on-demand services) in 2012, according to new data from The NPD Group. The percentage was down from 64% in 2011.
Port Washington, N.Y.-based NPD attributed the decline in part to lower average prices paid for Blu-ray titles, which fell 7% to $19.97 per unit last year.
“There is a significant base of video customers in the U.S. who continue to be comfortable with physical formats, and a large majority haven’t made the complete transition from discs to digital video,” said Russ Crupnick, media analyst with NPD. “For the time being, at least, consumers still like to own and rent movies and TV shows on DVD and Blu-ray, even in a world of where connected devices and digital rental, streaming and ownership options are becoming more accepted and commonplace.”
The full article can be found here.
According to the article digital distribution is up 2% Have you actually bought a digital copy of a movie this year? Have you bought more Blu-rays since the prices are dropping?
Sales of Blu-ray Disc and DVD movies remain the largest source of revenue for the movie industry, accounting for 61% of home video spending on movies (excluding Netflix and other subscription video-on-demand services) in 2012, according to new data from The NPD Group. The percentage was down from 64% in 2011.
Port Washington, N.Y.-based NPD attributed the decline in part to lower average prices paid for Blu-ray titles, which fell 7% to $19.97 per unit last year.
“There is a significant base of video customers in the U.S. who continue to be comfortable with physical formats, and a large majority haven’t made the complete transition from discs to digital video,” said Russ Crupnick, media analyst with NPD. “For the time being, at least, consumers still like to own and rent movies and TV shows on DVD and Blu-ray, even in a world of where connected devices and digital rental, streaming and ownership options are becoming more accepted and commonplace.”
The full article can be found here.
According to the article digital distribution is up 2% Have you actually bought a digital copy of a movie this year? Have you bought more Blu-rays since the prices are dropping?