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Blu-ray finally overtaking DVD regularly in sales
Posted by Andru Edwards Categories: Home Entertainment, Movies,
Consumers are tending to favor Blu-ray over DVD when buying copies of top hits for home use, a nonprofit analyst group that tracks Hollywood reported Monday.
Overall consumer spending on home entertainment jumped nearly five percent from the same period a year ago, the Digital Entertainment Group reported, the first time consumer spending increased since 2008.
The DEG didn't explicitly say that a crossover between DVD and Blu-ray sales is occurring. But "for major box-office hits, sales of packaged goods often surpass 50 percent on Bluray in their first week of release," DEG said. In all, Blu-ray, electronic sell-through, and digital movie streaming all saw revenue growth.
Catalog sales of Blu-ray discs are also increasing, the DEG said, with year-to-date increases of more than 60 percent, led by Star Wars, Citizen Kane, Scarface and The Big Lebowski. Total household penetration of all Blu-ray compatible devices now stands at more than 33.5 million U.S. homes, DEG said, up 52 percent from a year ago.
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Cinema Scene: Sandra Bullock Returns Razzie, Green Hornet Gets Moved
Posted by Veronica Santiago Categories: 20th Century Fox, Sony, Action, Adaptation, Adventure, Animation, Science Fiction, Awards, Celeb News, Celebrity Gossip, Home Entertainment, Technology,
-Sandra Bullock may have earned her Razzie, but she’s now willingly returning it. Apparently the actress walked away with the prototype award, not the $5 knockoff she was supposed to receive.
-Speaking of the Razzies, we’ll now get a chance to see the worst of the worst honored live. The ceremony’s producers hope to telecast the awards program beginning with the 31st annual event in 2011.
-Box-office champ Avatar is already breaking records in the home entertainment department. Approximately 1.5 million Blu-ray copies were sold on Day 1, besting The Dark Knight’s previous high.
-The Green Hornet has flown to a new release date. The Seth Rogen film, originally scheduled for December 22, will now open on January 14, 2011 (the MLK holiday weekend). Why? Because Sony wants time to covert the movie into 3D, of course!
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