http://www.reuters.com/article/ces/idUSN0747765720090108
Looks like some good news for Sony!
CES-U.S. DVD sales drop, rentals flat; Blu-ray up
LAS VEGAS, Jan 7 (Reuters) - U.S. home entertainment sales fell 5.5 percent to $22.4 billion in 2008 as higher sales of Blu-ray discs helped offset a 9 percent drop in DVD sales and flat rentals, a digital trade group said on Wednesday.
Sales in the mature U.S. DVD market fell 9 percent to $14.5 billion and rentals were flat at $7.5 billion, said Los Angeles-based Digital Entertainment Group in a report released at the Consumer Electronics Show [ID:nN05368327] in Las Vegas.
DEG said the one bright spot in home entertainment was the Blu-ray disc format, which grew fourfold to nearly $750 million. The group noted that nearly 10 million Blu-ray playback devices have sold since the format launched, with three million devices selling in the fourth quarter alone.
Home entertainment sales began stalling in 2004, when they hit $24.9 billion. In 2005, sales fell to $24.4 billion, edging up slightly to $24.5 billion in 2006 and then falling to $23.7 billion in 2007.
The DEG's members include dozens of consumer electronics, digital and entertainment companies including Blockbuster Inc, Hewlett-Packard Co and major Hollywood studios.
Wii Code 3456 7941 4060 2924
