Consumer Spending on Home Entertainment Rising for the First Time in Years

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The Digital Entertainment Group reports that subscription streaming rose an estimated 545.5% in the first quarter of 2012, while rentals at brick-and-mortar stores fell a devastating 39.4%.

Home video chiefs at the Hollywood studios finally have something to smile about.

For the first time in years, consumer spending on home entertainment actually rose in the first quarter of 2012, rising 2.5% to $4.45 billion largely due to the strength of streaming, according to numbers compiled by DEG: The Digital Entertainment Group...

http://www.hollywoodreporter.com/news/consumer-spending-home-entertainment-netflix-bluray-redbox-317877


Posted on 1 May 2012, 10:04 - Category: Movies
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