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News Digest
Blu-ray Rentals Up 53 Percent In 2009
TVPredictions.com

Washington, D.C. (October 12, 2009) -- Consumer spending on rentals of DVDs and Blu-ray discs jumped 9.9 percent in the third quarter over last year's third quarter, according to Rentrak Corp, which tracks the rental industry.

The study was published in Video Business.

Rentrak said rental spending reached $11.6 billion in the third quarter -- thanks to huge gains by Blu-ray discs and the growing use of kiosks such as Redbox.

Read more below.

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“The widespread distribution of Blu-ray titles into the primary rental channel is supporting the rapid adoption of the format by consumers, greater than what we saw on DVD,” Rentrak VP Brad Hackley said, according to Video Business.


Knowing, the leading rental title of 2009.

The publication said Rentrak found that consumers spent more than $111 million renting Blu-ray discs at retail outlets -- 44.5 percent more than last year's third quarter.

In 2009 thus far, Blu-ray rentals are up 53.8 percent. DVD rentals through retail and online outlets are down 2.8 percent.

Knowing has been the leading rental title in 2009 thus far, according to Video Business.


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© TVPredictions.com
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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.

Click TVPredictions.com to read more news and features on TV technology. 

 
 
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