DVDs, Hollywood’s Profit Source, Are Sagging

DVDs propel profits these days, and there is a creeping dread in the movie capital that buyer interest is plummeting as the global economic crisis worsens. The New York Times reports.

So far, total DVD sales are down by about 4 percent for the year, with most of that weakness coming in October, according to data compiled by Warner Brothers, the largest distributor of DVDs.

The independent tracking service Nielsen VideoScan paints a bleaker picture, reporting a 9 percent drop in overall DVD sales during the third quarter alone and a 22 percent decline in sales of higher-priced new titles, although its data does not include results at Wal-Mart.

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emily | 5:28 PM | Random Stats |
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