U.S. Home Entertainment Spending Rose 11.5% In 2018 To $23.3B, DEG Says [Deadline]

U.S. Home Entertainment Spending Rose 11.5% In 2018 To $23.3B, DEG Says [Deadline]

BY DADE HAYES

January 08, 2019 | Overall home entertainment spending by U.S. consumers climbed 11.5% in 2018 to a record $23.3 billion, according to the Digital Entertainment Group, an industry consortium.

Announcing the preliminary annual figures during CES, the DEG noted an especially strong fourth quarter, when spending increased 13% to $6.3 billion. With physical sales and rentals of DVD and Blu-ray discs continue to slide, electronic sell-through for films made up a lot of the shortfall, increasing 23% for the year, though EST for TV titles declined 5%. Despite the gains from electronic sales, when combined with packaged goods, total EST for all film and TV releases fell 5.5% to about $6.5 billion.

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