Home Video Business in H1 2011

Some facts according to a report compiled by DEG: The Digital Entertainment Group.

• For the six months that ended June 30, total consumer spending on home entertainment fell 5% from spending in the first half of 2010, to $8.34 billion from $8.78 billion.
  
• Disc sales were off 16.3% in the second quarter of 2011, to $1.8 billion from $2.15 billion, while electronic sellthrough was down 2.17%, to $129.75 million from $132.63 million in the second quarter of 2010.
  
• For the first half, consumers spent $4.2 billion on transactional video — disc rental, streaming and VOD — which is nearly 11% more than they spent in the first six months of 2010.
  
• Rental revenue fell 29% in the second quarter after dropping 26.9% in the first quarter, leaving total year-to-date spending as of June 30 at $896.5 million, down from $1.24 billion in the first six months of 2010.
  
• Subcription rental, chiefly from Netflix, rose 45.7% in the first six months of this year, to $1.56 billion from $1.07 billion in the first six months of 2010, although year-to-year numbers are somewhat skewed by the fact that for much of the period Netflix offered a combination disc-and-streaming package to its subscribers.

Source: Home Media Magazine.