July 14, 2008
Video rentals hold their own
Data from DVD and Blu-ray Disc sales and rentals show the home video business is holding up well despite the down economy, the high price of gas and any consumer shift toward the Internet.
Consumer spending on DVDs and Blu-ray in the first six months of the year, purchases and rentals combined, was up 1.6% from spending in first-half 2007, according to Home Media Magazine's market research department.
The first-half 2008 tally: $10.77 billion, compared with $10.6 billion a year ago.
[via Reuters]
emily | 4:04 PM |
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