VOD sales climb 23% in first quarter
Spending on DVD and Blu-ray discs in France dropped 9% to €564 million ($805 million) in the first half of the year.
DVD sales fell 12% to $687 million while Blu-ray sales rose 11% to $118 million, according to a report by film org the Centre National du Cinema and marketing research company GFK.
The continuing erosion of disc sales is mainly due to a booming VOD market and piracy, said Caroline Jeanneau, head of studies and statistics at the CNC.
In the first quarter, VOD sales rose 23% to $61.3 million, while DVD/Blu-ray sales fell 6%.
U.S. films’ share dropped 27% to $283 million; French films’ share climbed 4% to $119 million. Gallic figures were boosted by three hits: Dany Boon’s “Nothing to Declare,” Guillaume Canet’s “Little White Lies” and Xavier Beauvois’ “Of Gods and Men.”
“U.S. films sales will skyrocket during the second half when the big Hollywood franchises hit the homevideo market in time for the Christmas holiday,” Jeanneau said.
“Harry Potter and the Deathly Hallows: Part 1” topped DVD and Blu-ray sales over the first half, shifting 580,000 discs. Disney’s “Tangled” sold 389,000, “Nothing to Declare” sold 374,000, “Little White Lies” sold 342,000 and “Of Gods and Men” sold 308,000.