Hi-Def Consumer Trading Up 58 Percent Over Same Quarter A Year Ago

Blu-ray-enabled houses now total 33.5 million, with consumer trading round the high-definition packed-media format up 58 percent inside the quarter, when compared with similar period a year ago. The surge arrives only to some sixty percent begin sales of catalog Blu-ray releases, introduced through the Exorcist, Citizen Kane, Scarface as well as the Large Lebowski, among others. Electronic sellthrough of latest-release movies elevated 13 percent inside the quarter. Overall, sellthrough for DVD and Blu-ray movies declined four percent to greater than $1.7 billion, when compared with $1.8 billion a year ago. When combined with electronic sellthough, sales of movies dropped under three percent within the same period a year ago. PHOTOS: Netflix's 10 Most Leased Movies ever Furthermore to electronic sellthrough, transactional video-on-demand elevated nearly 5 % to $419 million, when compared with $400 million a year ago. Subscription streaming revenue assigned $255 million. Traditional brick-and-mortar video store rental revenue dropped greater than 28 percent to $353 million from $495 million a year ago. It marks the first time that transactional VOD revenue surpassed traditional video store rental revenue. Concurrently, subscription rental of DVD/Blu-ray elevated nearly 5 % to $607 million from $579 million. Kiosk revenue, including Redbox and Blockbuster Express, elevated 23.three percent to $414 million, when compared with $335 million a year ago. Total rental revenue, excluding VOD, declined 2.four percent to $1.37 billion from $1.4 billion. With VOD, total rental revenue declined under one percent to $1.79 billion from $1.8 billion. Heading to the all-important fourth quarter, the DEG is for certain that theatrical blockbusters entering the retail funnel, including Captain America: The Initial Avenger, Cars 2, Cowboys & Aliens, The Hangover Part II, Harry Potter as well as the Deathly Hallows - Part 2, The Help, Kung Fu Panda 2, Rise in the Planet in the Apes, The Smurfs and Water for Tigers, continues the positive trend into 2012. Related Subjects Alien