Hollywood execs say DVD decline exaggerated

Reports of the DVD business' decline have been greatly exaggerated, a panel of home entertainment execs agreed during a panel sesh at Variety's Future of Film confab.

The slump of the vid biz has been exacerbated by the recession, panelists said. But as signs of life return to retail, vid sales are growing.

Mark Horak, prexy of Warner Home Video Americas, noted that sales of Blu-ray DVD titles were up dramatically during last month's "Black Friday" retail sales weekend compared to the same frame last year. Horak said sales were up for both new and catalog titles, thanks to a big push from retailers.

"Retailers stepped up to really support the format," Horak said.

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