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Studies: Consumers Still Like Blu-ray/DVD Over Streaming
By Swanni


Washington, D.C. (January 9, 2014) -
Despite the rise of streaming video -- and the frequent media attention given to streaming services such as Netflix and Amazon Prime -- Blu-ray sales experienced their best month ever in December.

Home Media Magazine writes that Blu-ray disc sales reached $416 million in December, compared to the previous best month in December 2012 when they made $404 million.

For the year, Blu-ray sales hit $535 million, a decline from 2012 when it generated $578 million. But the fact that Blu-ray continues to generate such strong numbers will likely encourage the studios to continue to release movies on the high-def disc for at least the next few years.

In addition, Samsung said earlier this week that it's planning to manufacture both 4K Blu-ray discs and a 4K Blu-ray player, more evidence that both the studios and CE companies believe that consumers still like hard media.



In a related study, a Gallup poll found this week that 80 percent of Americans own either a DVD player and/or Blu-ray player, compared to 39 percent who now subscribe to a streaming service such as Netflix.

"Essentially the same share of Americans own DVD or Blu-ray players as in 2005, 80%, and this is the most commonly owned electronic device," Gallup said in a press release.

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Phillip Swann is president and publisher of TVPredictions.com. He has been quoted in dozens of publications and broadcast outlets, including CNN, Fox News, Inside Edition, The New York Times, The Washington Post, The Chicago Tribune, The Financial Times, The Associated Press and The Hollywood Reporter. He can be reached at
swann@tvpredictions.com or at 703-505-3064.



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