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02-04-2013, 10:27 AM #1
Physical Discs Still a Top Revenue Stream for Hollywood
Despite all the streaming "doom and gloom", it seems that consumers are not ready to ditch physical media just yet. Marketing research firm NPD has just released a report that shows sales of DVD and Blu-ray discs was the top revenue maker for the movie industry in 2012.
Blu-ray alone brought in 61% of the total monies spent by consumers of home video in 2012. While this number is down from 64% in 2011, the NPD report attributed the drop to the consistently falling prices of Blu-ray discs as a whole.
“There is a significant base of video customers in the U.S. who continue to be comfortable with physical formats, and a large majority haven’t made the complete transition from discs to digital video,” stated Russ Crupnick, NPD Group media analyst. “For the time being, at least, consumers still like to own and rent movies and TV shows on DVD and Blu-ray, even in a world of where connected devices and digital rental, streaming and ownership options are becoming more accepted and commonplace.”
02-04-2013, 10:42 AM #2
61% of total monies spent on a format with less than 30% total market share (depending on which stat you subscribe to). Hmmm. Do consumers prefer it? Sure, but are the numbers impressive? I bet not, as everything Hollywood related is sucking right now.
02-04-2013, 11:55 AM #3
I prefer dvd quality to streaming quality. When streaming is equal or better to dvd quality, I will go 100% streaming, till then I still watch prime movies on dvd.
02-04-2013, 02:16 PM #4
02-04-2013, 02:20 PM #5
02-04-2013, 03:04 PM #6
Some streaming services, like Netflix, set the quality based on your network's available bandwidth. They say they are optimizing the stream to your network capabilities, or something to that effect.
02-05-2013, 11:39 AM #7
- Join Date
- Jun 2012
- Montreal Quebec. Canada
I streamed my first movie about ten days ago. "Ultra Violet" on Cracke. I am sticking with Blu-ray. It brought home the dvd effect that is oft mentioned of streaming services.
02-05-2013, 12:10 PM #8
02-05-2013, 02:03 PM #9
I'm still a Bluray fan. I'm not against streaming but my bandwidth isn't ready yet.
BTW, Bluray discs are superior to DVD disk in scratch resistance and possibly longevity.Richard