Consumer spending on electronic sellthrough of home entertainment...
Consumer spending on electronic sellthrough of home entertainment content jumped 43 percent in Q1 compared with same quarter a year earlier, the Digital Entertainment Group said. Consumers bought digital home entertainment content “at such a rapid pace” in Q1 that…
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electronic sellthrough revenue is on track to overtake that of VOD for the first time later this year, DEG said. That the 43 percent rise in electronic sellthrough came despite a decline in the box office for titles released for home entertainment is evidence of “the broader availability of titles and increased access to digital content,” DEG said. Blu-ray hardware penetration also is on the rise, it said. The 4.2 million Blu-ray players sold in Q1, which includes standalone set-tops, PlayStation and Xbox One consoles and Blu-ray transports sold as part of boxed home theater systems, is a 38 percent increase from a year earlier, pushing hardware penetration to nearly 75 million U.S. homes, DEG said. Not all was rosy in the Q1 report. Total consumer spending on home entertainment content fell 3.8 percent, including a 13 percent decline in all packaged media, DEG said.