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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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