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Digital Spending Accounts For Half Of Home Entertainment Spends 12 November 2015

Digital Entertainment Group 2015 Home Spending

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

 

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