First-Half Consumer SVOD Spending Increased 17.3% YoY: DEG
U.S. consumer spending on home entertainment content topped $17.9 billion in 2022's first half, an 11.3% increase from January-June in 2021, reported the Digital Entertainment Group Wednesday. Subscription VOD spending led all categories, rising 17.3% to $14.56 billion, said DEG.…
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Sell-through of packaged media fell 16.3% to $793.2 million, it said. “The surge in theatrical new releases” did benefit 4K Blu-ray, where spending increased 33%, said DEG. “High-profile catalog classics,” including The Godfather trilogy, also contributed to 4K Blu-ray’s better performance in the half, it said.