US Consumer Spending on Home Entertainment Content Jumped 0.9% in 2015, DEG Says
U.S. consumer spending on home entertainment content jumped 0.9 percent in 2015 from a year earlier to $18.1 billion, the Digital Entertainment Group said Wednesday in its year-end report. For Q4, the rise in spending was 1.3 percent to $5.3…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
billion, DEG said. Subscription streaming was the year’s big winner, rising nearly 25 percent to $5.1 billion, it said. Subscription rentals of physical media was the year’s biggest loser, declining nearly 16 percent to $667 million, it said. Sell-through spending on packaged goods fell 12 percent to $6.1 billion, it said. However, with 8 percent growth in Blu-ray sales, the industry, sell-through-wise, “saw its best year over year physical retail performance since early 2014,” DEG said. “The strength of the premium experience bodes well for the introduction of Ultra HD Blu-ray in 2016.”