December 15, 2010

Streaming Video Destroying DVD Sales

According to In-Stat, home video retail revenue has fallen precipitously over the past five years.Worse yet, double-digit declines in annual retail sales of physical discs are expected, resulting in a drop of $4.6 billion from 2009 to 2014.

quotemarksright.jpgTo replace retail DVD revenue losses, digital paid video download and streaming segment, either purchase or rental, is expected to show high revenue growth. Annual revenue is forecast to grow from $2.3 billion to $6.3 billion within five years.quotesmarksleft.jpg

[via ShellyPalmer Digital Living]

In-Stat press release, December 14, 2010. Internet Delivered Video Growth Continues to Drive Physical DVDs into Double Digit Decline

emily | 9:48 PM | Random Stats | Add this this entry to your bookmarks. Digg This Technorati search results for this Entry
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