High Def Forum
Thank you for visiting. This is our website archive. Please visit our main website by clicking the logo above.

Analysts Say DEG Data Underscores Rental and Digital Strength

Bravestime
07-20-2009, 06:32 PM
With mid-year home entertainment revenue data from The Digital Entertainment Group underscoring packaged media’s resilience despite the economy, analysts said studios and media companies would have to factor DVD and Blu-ray rental when mapping out digital initiatives.

The DEG said rental revenue was up 8%, spearheaded by a 62% surge in Blu-ray rentals. Revenue from $1-per-day rental kiosks from Redbox, The New Release and others is reportedly set to increase by $125 million to more than $415 million this year, according to Adams Media Research.

Complete Article (http://www.homemediamagazine.com/market-analysis/analysts-say-deg-data-underscores-rental-and-digital-strength-16428)