×
You will be redirected back to your article in seconds

Blu-ray Mints Green for Studios in First Quarter

Overall homevideo industry grows during first three months of 2013, driven by 'Skyfall,' 'Wreck-It-Ralph'

Hollywood’s homevideo industry saw sales rise 5% during the first three months of the year, as consumers bought more Blu-rays.

DVD and Blu-ray disc sales, rentals, digital downloads and subscriptions to streaming services generated $4.7 billion for the biz, according to research released by the Digital Entertainment Group.

Big sellers during the period included Sony’s James Bond actioner “Skyfall” and Disney’s toon “Wreck-It-Ralph.” New titles grew 12% during the quarter.

Studios see the uptick in sales as a signal that the industry is stabilizing after watching revenue from DVD, once the industry’s cash cow, decline over the past several years. Overall industry was flat last year with 2011 at $18 billion.

Among DEG’s findings for the first quarter:

  • Blu-ray sales rose 37%, boosting physical disc sales by 2.1% to $2.1 billion. Demand for older catalog titles on Blu-ray rose 16% compared to the first quarter of 2012.
  • The electronic sell-thru category was up 51.5%, earning $231.2 million. Category now represents 4.9% of homevid sales, with studios attributing the growth to consumer adoption of UltraViolet.
  • Subscriptions to streaming services like Netflix rose 29% to $709.6 million.
  • Video-on-demand was up 15.7% to $614.9 million.
  • Disc rentals were down nearly 12% to $1.04 billion.
  • Nearly 60% of U.S. homes now have a device in their homes that can play a Blu-ray disc. Consumers bought 3.2 million Blu-ray devices during the first quarter.
  • And consumers bought 9.4 million HDTVs. There are now 112.6 million HDTV households in the U.S.

More Biz

  • Best Books of 2019

    The Best Books of 2019

    Whether you experience stressful days due to your professional position, your demanding family, or simply the barrage of never-ending depressing news, there is often no better way to unwind than with a good book. Letting your imagination wander into a new world unlike your own can be exciting, it can be thought-provoking, but perhaps most [...]

  • Makan Delrahim

    Antitrust Experts Decry DOJ's 'Outrageous' Stance in Writers Guild Case

    Several experts on antitrust law have expressed concern at the stance taken by the Department of Justice in the ongoing legal feud between Hollywood writers and their agents. Three agencies have sued the Writers Guild of America for alleged violations of antitrust law. A key hearing will be held in federal court on Friday, as [...]

  • Bob Bakish Viacom CEO

    Shares of ViacomCBS Dip in First-Day Early Trading

    Shares of the newly combined ViacomCBS were off in early trading, a sign that Wall Street continues to look for new signs of growth after two of the best-known names in entertainment merged to vie with bigger rivals. Shares of the company’s new common stock were off 59 cents, or 1.38%, in late-morning trading on [...]

  • David Cohen (l) Executive Vice President

    Comcast Veteran David Cohen to Step Down

    Longtime Comcast executive David Cohen is stepping down from his operational role overseeing public policy, government relations, diversity and other key corporate functions for the media giant. Comcast said Thursday in a Securities and Exchange Commission filing that Cohen, senior executive VP and chief diversity officer, will step down from his operational responsibilities as of [...]

  • Lamar Jackson 49ers

    49ers Broadcaster Suspended After Lamar Jackson 'Dark Skin' Comments

    The San Francisco 49ers have suspended one of its radio color hosts, Tim Ryan, after he made a comment about Baltimore Ravens quarterback Lamar Jackson, saying that he is skilled at faking handoffs because of his “dark skin color with a dark football.” Ryan made the comments early on on KNBR’s “Murph and Mac” morning [...]

More From Our Brands

Access exclusive content