Originally Posted by PSound
The statement of new release revenue being "sustained" or "maintained" is the biggest lie being perpetuated by the OD PR machine.
One need look no further than the studios to see that. Executives are very clear about the decline in conversion rates. Studios almost universally are cutting back directly in Home Video (including RIFs) and budgets of future productions are shifting due to the decline.
Fortunately for the studios, international IS doing well and is easing the pain slightly. But the very real decline in OD sell through is happening, and is having an impact.
Clearly new release revenue is down along with everything else in OD sell through. The only debate is if it's down proportionally as much or not. I wouldn't know the answer to that, but if I had to guess, I'd say that it's down less than catalog or TV on DVD is.