Network-Delivery Revs Gain in 2010, But Consumers Flock to Blu-Ray - iSuppli
Tweet
Share
E-mailGet Alerts NFLX Hot Sheet
Join SI Premium – FREE
According to iSuppli, Internet rentals and sales of video failed to meet the built-up hype expected for the segment in 2010.
The U.S. home video entertainment market saw revs of $18.5 billion in 2010, with network-delivered rentals and sales via the Internet and subscription TV systems amounting to $2.3 billion, or 12.2% of the total. Though a smaller portion than expected, the percentage is a 2.6 point increase from 9.6% in 2009, and represents the first time breaking the 10% milestone.
The growth, which was marginal at best, was hampered by a decline in overall home video entertainment spending for the year, which has declined from over $20 billion in 2006.
DVD sales declined by 15.6% for the year, which translates to a $1.5 billion decrease. DVD rentals also fell 12.4%, or $749 million. Many consumers have made the switch to Blu-ray, which showed in the numbers.
Blu-ray sales increased 21.9% overall, with retail sales seeing a 64.2% spike and Blu-ray rentals jumping 105.5%.
Companies to watch in 2011 as Blu-ray and video-on-demand continue to gain traction include, among others:
The U.S. home video entertainment market saw revs of $18.5 billion in 2010, with network-delivered rentals and sales via the Internet and subscription TV systems amounting to $2.3 billion, or 12.2% of the total. Though a smaller portion than expected, the percentage is a 2.6 point increase from 9.6% in 2009, and represents the first time breaking the 10% milestone.
The growth, which was marginal at best, was hampered by a decline in overall home video entertainment spending for the year, which has declined from over $20 billion in 2006.
DVD sales declined by 15.6% for the year, which translates to a $1.5 billion decrease. DVD rentals also fell 12.4%, or $749 million. Many consumers have made the switch to Blu-ray, which showed in the numbers.
Blu-ray sales increased 21.9% overall, with retail sales seeing a 64.2% spike and Blu-ray rentals jumping 105.5%.
Companies to watch in 2011 as Blu-ray and video-on-demand continue to gain traction include, among others:
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- Trump Media & Technology Group (DJT) send letter to Nasdaq over “naked” short selling
Create E-mail Alert Related Categories
Insiders' BlogRelated Entities
HuluSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
