Consumers spent $5.65B renting DVDs and Blu-ray discs in 2011, Rentrak says this morning citing data from its Home Video Essentials tracking service. That’s down 3.4% from 2010. But consumer defections from disc rentals appear to be accelerating. In the last three months of the year, rentals were -21.3% from the same period in 2010, as business at kiosks — including Redbox, which charges $1.20 a night — grew by 28%. “People have many choices when it comes to renting videos, for both digital and physical media, so it’s interesting to see DVD and Blu-ray Disc rentals are still the number one choice for consumers,” said David Paiko, Vice President of Home Entertainment at Rentrak. The company says that Summit’s Red was the most rented title on DVD and Blu-ray at bricks-and-mortar stores, but it didn’t provide sales data.
- 3/26/2012
- by DAVID LIEBERMAN, Executive Editor
- Deadline TV
Robert De Niro (l.) and Ben Stiller don't quite see eye to eye in Little Fockers.
As the economy stays stalled, rentals of DVD and Blu-ray discs continue to rise with consumers getting the most entertainment for the least amount of money. And their favorite movie? Laughs with Universal Studios Home Entertainment’s Little Fockers, the third film in the Meet the Parents series starring Ben Stiller, Owen Wilson and Robert De Niro.
According to research film Rentrak’s Home Video Essentials serives, spending on home entertainment grew 5.9% in the 2011 second quarter, to $1.48 billion.
Home entertainment rentals in the period increased 8.4%, to $565 million. Rental revenue was driven largely by mail and online subscriptions and transactions through kiosks, with rentals in bricks-and-mortar stores declining. However, Rentrak’s VP of Home Video David Paiko said the biggest declines were from underperforming stores that are being closed. “The remaining stronger performing stores are doing well,...
As the economy stays stalled, rentals of DVD and Blu-ray discs continue to rise with consumers getting the most entertainment for the least amount of money. And their favorite movie? Laughs with Universal Studios Home Entertainment’s Little Fockers, the third film in the Meet the Parents series starring Ben Stiller, Owen Wilson and Robert De Niro.
According to research film Rentrak’s Home Video Essentials serives, spending on home entertainment grew 5.9% in the 2011 second quarter, to $1.48 billion.
Home entertainment rentals in the period increased 8.4%, to $565 million. Rental revenue was driven largely by mail and online subscriptions and transactions through kiosks, with rentals in bricks-and-mortar stores declining. However, Rentrak’s VP of Home Video David Paiko said the biggest declines were from underperforming stores that are being closed. “The remaining stronger performing stores are doing well,...
- 8/16/2011
- by Sam
- Disc Dish
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.