DEG: Home-Video Spending Up 1% In 2015

Also finds 4K TV penetration exceeds 5 million homes
Author:
Publish date:
DEGlogo(2).jpg

Consumer spending on home-video entertainment grew 1 percent in 2015 to $18 billion, with dollar sales of Blu-ray discs rising 8 percent in the fourth quarter, said DEG: The Digital Entertainment Group.

The preliminary statistics are included in the group’s year-end 2015 Home Entertainment Report, which was compiled by DEG members, tracking sources and retail input. The report includes physical-disc sales and rentals, video on demand, and digital sellthrough.

“Led by a strong slate and 8 percent growth in Blu-ray disc sales, the industry saw its best year-over-year physical retail performance since early 2014,” the group said. “The strength of the premium experience bodes well for the introduction of Ultra HD Blu-ray in 2016.”

The report also found that:

--Overall electronic sell-through (EST) spending rose 17 percent in the fourth quarter versus the year-ago quarter and was up 18 percent for the year. 

-- Subscription VOD (SVOD) spending was up 22 percent in the fourth quarter of 2015 compared to 2014 and up 25 percent in 2015 from 2014.

--UltraViolet accounts grew by almost 20 percent in 2015 to hit more than 25 million with 165 million movies and television shows in UltraViolet libraries.

--HDTV penetration stands at more than 114 million U.S. households.

--Blu-ray playback devices (including set-top boxes and game consoles) are in 104 million U.S. households.

--Consumer sales of 4K UHD TVs increased 287 percent in the fourth quarter of 2015, bringing household penetration to more than 5 million U.S. households.

Featured

Related Articles