Monday, September 01, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Miraisens Showcases Touchable 3D Tech
Nintendo's Figurines Coming Later This Year
ASUS and G.Skill Take Overclocking Records
Korean Researchers Advance Synthesis Process for Graphene Quantum Dots
LG Display Opens LCD Panel Plant in China
Apple Said to Work With Visa, MasterCard on IPhone Wallet
China Gives Microsoft Deadline To Respond To Anti-trust Probe
Samsung Introduces First Curved Soundbar For TVs
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > Consumer Electronics > Home En...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, May 02, 2011
Home Entertainment Spending Down For Q1


Due in part to a 25 percent reduction in box-office revenue of the home entertainment new release slate for the first quarter of 2011, U.S. home entertainment spending in the period was down 9.8 percent.

This was among the findings of DEG's first quarter 2011 Home Entertainment Report, which is tracking sources and retail input.

Sell-through was down 18 percent for the quarter, as anticipated, since there were four tentpoles accounting for $1 billion of box office released on Blu-ray and DVD in first quarter 2010 but no such equivalent for first quarter 2011. Further, the Easter holiday, a considerable home entertainment buying season, was not part of first quarter this year, accounting for some of the period's decline. However, the second quarter is off to a strong start, with sell-through up 20 percent in the first few weeks alone, DEG's members said.

The industry has proven resilient, with modest gains posted in a number of key areas. According to The NPD Group's recent "Entertainment Trends in America" report, while digital home video options are gaining in popularity, more than three quarters of U.S. consumers continue to view movies on DVD and Blu-ray Disc.

In Blu-ray Disc software sales, consumer spending was up nearly 10 percent over the same period 2010. Blu-ray 3D software is also beginning to show signs of material growth, with anticipated retail sales of more than $100 million for the year.

Additionally, Blu-ray Disc hardware increased, with sales (inclusive of BD set-tops, PS3s and HTiBs) up more than 13 percent over first quarter 2010. This brings total household penetration of all Blu-ray compatible devices to nearly 30 million U.S. homes.

Further, nearly seven million HDTVs were sold to U.S. consumers in first quarter 2011, up 11 percent over first quarter 2010. HDTV penetration life-to-date is more than 64.5 million U.S. households.

Emerging formats such as digital distribution provided additional growth for the industry with electronic sell-through spending up nearly 11 percent and consumer spend on VOD up nine percent in the quarter. In total, digital movie transactions were up close to 10 percent over the same period last year.

"The home entertainment business is morphing as increased enhancements to technologies like Blu-ray Disc, Blu-ray 3D and new digital service offerings are made available, " DEG said. "Our analysis demonstrates that home entertainment consumers still have a strong appetite for value and convenience."

Amid the macro-economic challenges we face, the DEG expects a number of growth opportunities for the remainder of 2011, fueled by an impressive array of blockbuster theatrical releases in the third and fourth quarters. This will help the industry to round out 2011, with consumer spend flat, or up slightly, and transactions up by the end of the year.


Previous
Next
AMD Brings Desktop Graphics to Embedded        All News        Sony Suspends SOE Gaming System
3-D TV Shipments Soar by Nearly 500 Percent in 2011     Consumer Electronics News      Firmware Update Adds New Features to BRAVIA TVs

Get RSS feed Easy Print E-Mail this Message

Related News
New BD-DSD Blu-ray Disc Standard Allows Storing 200GB Of Data Per Disc
Optical Disc Sales Down
DVD And Blu-ray Discs Remain Popular in Britain
Blu-ray Disc Format Moving From Consumers To Professionals
Pioneer BDP-170 Blu-ray Disc Player Comes With Wi-Fi, Miracast And Youtube Connectivity
Sony And Panasonic Create New "Archival Disc" 300GB Optical Disc Standard
DVD And Blu-ray Discs Remain Preferred Sources of Video Content
TOSHIBA 2014 Symbio Streaming And Disc Players Coming in Q1
Samsung Says 4K Content Will Be Distributed In 125GB Blu-ray Disks
Blu-ray Closes Gap with DVD in Revenue Generation for Video Releases
Studios Target Audiophiles With Re-mastered Pure Audio Blu-Ray Releases
Sony and Panasonic To Jointly Develop 300GB Blue Laser-based Discs

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .