Consumers spent $5.65B renting DVDs and Blu-ray discs in 2011, Rentrak says this morning citing data from its Home Video Essentials tracking service. That’s down 3.4% from 2010. But consumer defections from disc rentals appear to be accelerating. In the last three months of the year, rentals were -21.3% from the same period in 2010, as business at kiosks — including Redbox, which charges $1.20 a night — grew by 28%. “People have many choices when it comes to renting videos, for both digital and physical media, so it’s interesting to see DVD and Blu-ray Disc rentals are still the number one choice for consumers,” said David Paiko, Vice President of Home Entertainment at Rentrak. The company says that Summit’s Red was the most rented title on DVD and Blu-ray at bricks-and-mortar stores, but it didn’t provide sales data.
U.S. Disc Rentals -3.4% In 2011: Rentrak
What's Hot on Deadline
Global Scam Ravaging Hollywood: Silver-Tongued Imposter Poses As Top Female Producers To Catfish Victims
'Black Panther' Director Ryan Coogler Writes Letter Of Gratitude After Film's Record-Breaking Weekend
Oprah Winfrey Answers Call & Joins Clooneys, Katzenbergs, Spielberg And Capshaw In Donating $500,000 To March For Our Lives: Who's Next?
Donald Trump Unleashes Base On Jeff Sessions With Tweet Demanding DOJ Investigate Obama In Russia Probe
Latest Film News
- Meryl Streep Rips “Pathetic” Harvey Weinstein For Using Her Name In Lawsuit
- Guillermo Del Toro Denies ‘Shape Of Water’ Was Influenced By 1969 Play: “I Never Saw It”
- Director Roland Joffé Inks With Gersh
- ‘Annihilation’ Review: Natalie Portman Ramps Up The Action In Alex Garland’s Smart, Scary Journey Into…
- Safety Panel Urges New Culture To Speak Out; Joyce Gilliard Reveals Horrifying Details Of ‘Midnight…
- China’s Wild New Year: ‘Detective Chinatown 2’ Crosses $300M, Eclipses ‘Monster Hunt 2’; ‘Operation Red…