Tuesday, June 19, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft HoloLens Provides Access to Raw Image Sensor streams with Research Mode
CCIX Consortium Base Specification 1.0 Allows Companies to Deliver CCIX Production Devices
YouTube Music and YouTube Premium Launch in More Countries
HPE Says Astra is The World's largest Arm-based Supercomputer
Garmin fēnix 5 Plus GPS Sportswatch Adds Maps, Music, Garmin Pay and Wrist-based Pulse Ox
Google Uses Deep Learning to Predict When a Patient Will Die
Volvo Penta Unveils Self-docking Yacht Technology
iOS 12 Will Automatically Share Your Location with The Police
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Consumer Electronics > Third Q...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, November 01, 2011
Third Quarter Home Entertainment Spending Rises


According to DEG's Third Quarter 2011 Home Entertainment Report, the third quarter 2011 results mark a stabilization of the industry, underscored by significant gains in Blu-ray Disc and solid increases in electronic sell-through (EST) spending.

DEG report is compiled by DEG members, tracking sources and retail input.

Overall consumer spending jumped nearly five percent compared to the third quarter a year earlier, marking a major milestone, as this is the first time spending has increased since the first quarter of 2008 when the economic downturn began, the report says.

There were a number of promising trends in the third quarter, signifying an ongoing consumer appetite for home entertainment products. Among the bright spots:

- Blu-ray Disc and EST continued their steady gains with consumer spending on Blu-ray sell-through up an impressive 58 percent and EST up nearly 13 percent compared to the same period last year.

- For major box-office hits, sales of packaged goods often surpass 50 percent on Blu-ray in their first week of release.

- Catalog Blu-ray sales are also on the rise, with year-to-date increases of more than 60 percent, led by the stellar sales of popular classics such as Star Wars, Citizen Kane, Scarface and The Big Lebowski, among others.

- Among the various services and platforms for delivering filmed entertainment to consumers, Blu-ray, EST, and streaming all saw growth in third quarter 2011. These also represent some of the industry?s highest growth margin areas.

- The number of Blu-ray homes continues to climb, soaring 52 percent in the third quarter from a year earlier (including BD set-tops, PS3s and HTiBs.) Total household penetration of all Blu-ray compatible devices now stands at more than 33.5 million U.S. homes.

- Further, 5.5 million HDTVs were sold to U.S. consumers in the third quarter 2011. HDTV penetration to date is now at more than 69.5 million U.S. households.

- The industry is confident the holiday season will be strong. Theatrical blockbusters coming to home entertainment in the fourth quarter include Captain America: The First Avenger, Cars 2, Cowboys & Aliens, Hangover 2, Harry Potter and the Deathly Hallows: Part 2, The Help, Kung Fu Panda 2, Rise of the Planet of the Apes, The Smurfs, and Water for Elephants.


Previous
Next
AMD Releases Budget FirePro V4900 Professional Graphics Card        All News        Intel, Nvidia Remain Leaders In Q3 Graphics Shipments
South Korea Fines LCD Makers For Price Fixing     Consumer Electronics News      Sony Considers Pulling Out Of LCD JV With Samsung

Get RSS feed Easy Print E-Mail this Message

Related News
Redbox Launches 4K Ultra HD Rentals in Six Markets
DVDFab UHD Creator 4K UHD Authoring Software Released
CES: Blu-ray Disc Association Starts Licensing of 8k/4K Broadcast Recordable Blu-ray Format
CES: Sony Presents New OLED TVs, Audio Products, Robot Car Image Sensors
Panasonic Debuts HDR10+ OLED TVs, Ultra HD Blu-ray Players and New Technics Turntables at CES
New Pioneer BDR-XD07 External Blu-ray Burners Connect Directly to Android Smartphones
LG UP970 Ultra HD Blu-ray Player Supports Dolby Vision High Dynamic Range, Hi-Res Audio, Streaming and Dolby Atmos
One-Blue Launches Licensing Program for Ultra HD Blu-ray Disc Products
Panasonic DMP-UB30 Ultra HD Blu-ray Player Debuts in Japan
AACS 2.0 Could Be Cracked As 4K UHD Blu-Ray Torrent File Appears Online
One-Blue Calls For Ultra HD Blu-ray Patents
Pioneer BDR-211UBK BD Writer With Ultra HD Blu-ray Playback Support Launches In The U.S

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .