Report: DVD Sales Drop 5.5% in 2008; Blu-ray Up Threefold

Authored by Mark Hefflinger on January 8, 2009 - 12:24pm.

Los Angeles - DVD sales were down 9% in 2008, a year that saw the entire home video market decline in value by 5.5% to $22.4 billion, Variety reported, citing data from market research firm Digital Entertainment Group.

The overall decline was the largest-ever registered by DEG.

On a brighter note, DEG reports that Blu-ray spending was up threefold in 2008, to $750 million.

Over 9.6 million Blu-ray players have been sold through 2008, including 3 million in the fourth quarter.

http://www.dvdinformation.com

Published in DMW Daily, January 8, 2009

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Comments

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Blu-ray

Submitted by baby changing tables (not verified) on December 1, 2009 - 1:55pm.

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Submitted by radiant barrier (not verified) on January 31, 2010 - 9:45am.

Blu-Ray is definitely the next thing in home media entertainment. It will surely replace DVDs here in the near future.

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Submitted by selling a business (not verified) on February 3, 2010 - 4:55am.

Blu-ray discs are obviously to be the most selling discs around the whole world and so the blu-ray players will be sold more in the next few years. Infact, I am thinking of buying one soon!

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