US digital entertainment spend up $19bn in 2010
January 12, 2011
Spending on home entertainment reached $18.8 billion in the US during 2010, down slightly from $19.4 billion in 2009, according to a report from the Digital Entertainment Group (DEG).
The US home entertainment market continued to benefit from the steady growth of Blu-ray, which reached sales of $1.8 billion, while consumer spending on digital distribution grew 19 per cent to reach $ 2.5 billion, according to the DEG.
VOD was estimated to have also brought in $1.8 billion in 2010, up 20.8 per cent for the year, while DTO rose 15.7 per cent to reach $683 million.
“We continued to see strong growth in Blu-ray and significant gains in digital distribution this year, despite a tough economy,” said Ron Sanders, President, DEG and President, Warner Home Video. “We also saw a slight increase in consumer transactions, which is a clear indication that consumer demand for home entertainment remains healthy.”