The bottom seems to have fallen out of the DVD market according to a startling report out this week from SNL Kagan. The research firm says that studio shipments of DVDs fell 43.8% to 226 million discs last year. Wholesale revenues fell about the same amount, 43.9%, to $4.47 billion. The study compared 415 titles released in 2010 to 352 in 2009. Helped by Avatar, Fox accounted for 13.6% of the 2010 wholesale revenues. That barely beat Warner, which had 13.5% of the market, closely followed by Disney with 13.4%. “Consumers are now opting to sign up for streaming and-or rental services such as Netflix,” analyst Wade Holden wrote. “They are using video-on-demand services more and more as they discover these services can be cost-effective.” His study did not look at sales of Blu-ray discs. It also doesn’t appear to square with the home video industry’s year-end data. DEG: The Digital Entertainment Group said that studios shipped “more than 1 billion DVD units” in 2010 as well as in 2009. DEG pegged total U.S. spending on DVD sales and rentals at $14 billion last year, down 11.4%. But with Blu-ray and digital, total home video spending was down 3.1% to $18.8%, it said.
DVD Disaster? Study Says Sales Plummeted In 2010, Contrary To Industry Report
What's Hot on Deadline
'Fifty Shades' Dominant With $277M WW; 'La La' Lands $200M+ Overseas; 'XXX' Tops In China - International Box Office
Latest Film News
- Eric Heisserer-Backed TV Series ‘The Scrawl’ Among First Projects For Newbie Penchant Entertainment
- Beware, Oscar Voters: Final Academy Award Ballots Due Today!
- Viacom Looks Beyond Brad Grey Era Towards Future Of Paramount
- ‘Han Solo Star Wars’ Movie Underway: First Look
- SXSW 2017: Bob Odenkirk, Chris Hardwick & Whitney Cummings Among Lineup For Comedy Festival
- ‘Atlanta’s Bryan Tyree Henry Joins ‘White Boy Rick’