Streaming is rising and DVD is falling. We’ve seen this before in other format switches. Libraries have become expert at handling the ambiguus periods of multiple formats and rises and falls in popularity.
The Netflix Effect? DVD Sales Fall 20%
“DVD sales fell 20% in the first quarter of 2011”
Theories as to why:
1. “video streaming from Netflix and others may be having an impact on the business”
2. “the lack of blockbuster releases”
3. “Easter came later this year than last year”
4. All of the above.
What’s the difference? It’s heading down and other format(s) are heading up.
More data:
– “buying over iTunes or other formats, rose nearly 11% and consumer spending on video-on-demand was up 9%”
– “brick-and-mortar rentals fell 36% for the quarter”
– “subscriptions — either by streaming or physical rentals — rose 33% and kiosk sales were up about 31%.”
– “TV ownership in the U.S. fell for the first time since 1992.”
Does anyone really believe that the next Harry Potter DVD at Christmas is going to save the format?
More likely – the first release of all Harry Potter volumes as e-books for the first time in the Autumn 2011 season. Now that’ll be a blockbuster.
Now if only I could dowload a 60 minute Glee episode on iTunes in less than 4 hours. What’s up with that?!
Stephen
(Gleek)
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