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Is turnaround coming for DVD sales?

Written by madmax1496 on

From: behindthescenestv.net

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)

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