DEG reports steep decline in DVD sales

Total U.S. home entertainment spending for the first half of 2009 slipped just 3.9%, according to the Digital Entertainment Group, with a still steep decline in DVD sales largely offset by growth in Blu-ray sales, packaged media rental and electronic distribution.

DEG sized the entire pie at $9.73 billion for the first half of the year, including $3.4 billion in DVD and Blu-ray rentals, which were up 8.3%; $968 million in digital sales and rentals, including cable and satellite video-on-demand, up 21%; and $5.4 billion in DVD and Blu-ray sales, off 13.5%.

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