Is turnaround coming for DVD sales?

Is a turnaround at hand or still a year or two away?

Happily, consumer spending on discs and downloads held steady last quarter -- no mean feat after consecutive first-quarter declines -- and there were small yet promising signs of growth on the high-def and digital delivery fronts.

But that doesn't erase questions about the biz's immediate prospects: Hit DVDs simply aren't selling the way they used to, and it's unclear how the teetering economy will affect Blu-ray's prospects.

The vid biz has been recession-proof in the past, but consumer conversion to Blu-ray requires an HDTV, Blu-ray player and stream of pricier discs. High gas prices already seem to have affected DVD spending patterns, with previous midweek purchases of new releases shifting to the weekend.

(Variety)


DVD, Film Business


Powered by WP Robot