If Reed Hastings needs another reason to hope for a partnership with HBO, new data on mobile video consumption isn't going to change his mind.
Movie rentals on digital platforms continue to grab the home-video spotlight, with the segment growing 5% over the past year, but U.S. consumers are still renting discs in big numbers.
Videogame sales fell for the fourth month in a row, down 32% in April to $630 million from new product, according to market research firm the NPD Group
Domestic Film DAILY
PROVIDED BY: Box Office
No Good Deed
No Good Deed1Daily:$1.0M Cumulative:$29.9M Sony / Screen Gems -11.16%
Guardians of the Galaxy
Guardians of the Galaxy2Daily:$557,622 Cumulative:$308.5M Disney -4.92%
Dolphin Tale 2
Dolphin Tale 23Daily:$459,663 Cumulative:$18.1M Warner Brothers -9.19%
The video-on-demand market for paid rentals is currently ruled by pay TV services, but the Internet-on-demand market is growing in strength, according to the NPD Group.
An increasing number of consumers are making the switch from DVD to Blu-ray, but higher Blu-ray prices can't offset an overall 9% drop in physical disc sales in the last year.