Friday, June 27th 2008
Blu-ray to Overtake DVD Sales by 2012
The Entertainment Merchants' Association (EMA) in its recent Annual Report for 2007, concluded that in the year 2007, Hi-Definition video sales amounted to a mere 1.6 per cent of all video sales.
It is still estimated that high-definition has a long way to go before it could replace DVD as a standard movie format. The EMA said that sales of Blu-ray discs are expected to surpass those of standard DVDs by 2012 and could generate sales of $9.5 billion. By that time, total home video spending will be up to $25.6 billion, believes EMA.
Source:
TV Week
It is still estimated that high-definition has a long way to go before it could replace DVD as a standard movie format. The EMA said that sales of Blu-ray discs are expected to surpass those of standard DVDs by 2012 and could generate sales of $9.5 billion. By that time, total home video spending will be up to $25.6 billion, believes EMA.
11 Comments on Blu-ray to Overtake DVD Sales by 2012
Records ftw! They have a thicker and nicer sound than digital recordings.
Your favorite user-created media, yeah (Youtube, etc.), but stuff where the ISP's are getting a cut of the profits? Nope -- won't be any caps on that.