As DVD Sales and Rentals Fall, Streaming Revenue Rises

Jan 9, 2013  •  Post A Comment

While DVD sales and rental revenue declined last year, spending on film and television streaming jumped sharply, reports The New York Times’ Media Decoder.

Streaming revenue jumped to $2.3 billion in 2012 from $1.6 billion the previous year, according to the Digital Entertainment Group, a trade association.

DVD sales, however, slipped 5.5% to $8.5 billion, from almost $9 billion the previous year, while revenue from video-rental stores slumped to $1.2 billion from $1.6 billion.

Because of the jump in streaming sales, total spending on film and TV in home entertainment formats rose slightly to about $18 billion, up from $17.96 billion a year earlier, the piece notes.

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