DVD to Blu-Ray Adoption Accelerates

Chris Janota mx123.com

The Digital Entertainment Group  a trade group whose members include studios, consumer electronic companies and others issued an industry report Tuesday.  Here’s a summary.

  • For the first time sales of Blu-ray discs topped $2 billion, up 20% from 2010. But DVD sales dropped 20% to $6.8 billion.
  • Hollywood may be seeing a turnaround in a seven-year decline of home video sales, thanks to double-digit sales growth of Blu-ray discs and online movies and TV shows,
  • Total movie sales dropped 12% from 2010. Total movie rentals remained steady.
  • The industry’s largest growth engine continues to be online subscriptions, such as those offered by Netflix Digital sales, including streaming movies, rose 50% to $3.4 billion.
  • The number of U.S. homes with Blu-ray players grew to 40 million, 38% higher than in 2010. Dispite Microsoft announcement they will releasing Windows 8 without Blu-ray and DVD support.
  • Also on the rise: the number of homes with HDTVs, which now tops 74.5 million

DVDs are clearly on their way out.  But mx123.com still loves DVDs!  We’ll buy them all.  Yes all. We buy all titles and don’t cherry pick our favorite ones.  We even buy them without the case. If your collection is just collecting dust give them another life.   If your very attached to owning physical collection of material you can reclaim that shelf space and move to virtual libraries that you can take with you where ever you go.