Muvi Blogs

Beyond The Buzz- Latest Insights From Muvi

Digital Spending Accounts For Half Of Home Entertainment Spends

The new Digital Entertainment Group report has something incredible to say. As per it, about 53% of home entertainment spending is on digital products in Q3 2015.

Despite subscription based VOD services muscling DVD and Blu-ray rentals out of the game, it appears that digital and physical entertainment spends will end the year at level.

The physical entertainment spends dipped 14% since Q3 2014 to $1.146 billion. Surprisingly, Electronic sell-through (EST) did not do enough to make up for the gap. EST grew 14% year-over-year amounting to $434M million. The net dip for physical sales was $200 million while EST grew $50 million.

On the brighter side, the growing inclination towards SVOD services like Netflix and Hulu resulted in the growth of $240 million (23%) year-over-year to $1.23 billion.

No wonder why Netflix chose to move on from DVD rentals to VOD.

Source : NScreen Media

 

Tags

Latest Tweets

Join Us On Facebook

Subscribe to our Newsletter


We use cookies for best experience on website. By using our site you agree to

Cookies Policy