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Tuesday November 30, 2010

DVD Industry in Crisis As Sales Slump

The Guardian seems to think that the bad economy and digital downloads are killing DVD and Blu-ray sales. I find it odd that the story mentions (but completely ignores) the fact that over 677 movies were released in 2009. How many of those movies were even worth watching? I think digital downloads and the economy are only part of the overall big picture.

Sales and rentals of DVDs and Blu-ray discs fell by 7% to $10.9bn in the first nine months of this year compared with last year, according to the industry body The Digital Entertainment Group; and the British Video Association says DVD sales fell 5.6% last year. The fall was most severe in new-release titles, which account for 25% of the market, with sales crashing 15% in 2009.

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