After Consecutive Quarters of Decline, Disc Sales On Upswing
By ETCentric
August 5, 2016
August 5, 2016
Consumers spent 4 percent more on movies, other content on discs and digital during Q2 2016 compared to the same period last year. According to DEG: The Digital Entertainment Group, disc sales increased 3 percent to $1.2 billion, including a 35 percent jump in Blu-ray Disc sales. Digital HD jumped 8.7 percent to $466 million. “Total consumer spending on home entertainment purchases is estimated at $1.67 billion for the three-month period that ended June 30, a healthy increase of 4.5 percent from $1.59 billion in the same period last year,” reports Variety. Ultra HD Blu-ray, which launched in March, could be a contributing factor.
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