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Monday, 02/04/2013 5:13:00 PM

Monday, February 04, 2013 5:13:00 PM

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"DVD and Blu-ray are still Hollywood’s big earners, while iTunes dominates online VOD"

First part of short article:

01.02.2013

http://www.siliconrepublic.com/digital-life/item/31291-dvd-and-blu-ray-are-still/

NPD Group’s ‘Monthly VideoWatch’ and ‘VideoWatch Digital’ consumer trackers take a look at how the US internet population is watching movies. Surprising as it may seem, sales of video discs – be they DVD or Blu-ray – are still Hollywood’s largest source of home-video revenue, accounting for 61pc of home-video spending on movies in 2012.

This is a drop from 64pc in 2011, but NPD attributes the decline to a 7pc fall in prices for Blu-ray discs.

“There is a significant base of video customers in the US who continue to be comfortable with physical formats, and a large majority haven’t made the complete transition from discs to digital video,” said Russ Crupnick, vice-president of industry analysis at NPD Group Crupnick. “For the time being, at least, consumers still like to own and rent movies and TV shows on DVD and Blu-ray, even in a world of where connected devices and digital rental, streaming, and ownership options are becoming more accepted and commonplace.”

Internet video-on-demand
But when it comes to the next generation of film consumption, online is where it’s at. For the internet video-on-demand market, which includes paid-for video-on-demand services from cable, satellite and telecommunications providers, market share has increased by 1pc to 12pc in 2012....



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