DVD sales likely nearing global peak: report.

Discussion in 'DVD Video' started by Allan, Dec 9, 2005.

  1. Allan

    Allan Guest

    NEW YORK (Reuters) - Movie sales on DVD are likely nearing their peak
    worldwide as more people look to computer downloads and
    video-on-demand to watch their favorite programming, according to a
    report released on Wednesday.

    "The PC industry is champing at the bit to provide downloaded movies
    that might compete with DVD sales, and Pay-TV services want to add
    movies to their video-on-demand services, to their new
    disk-drive-equipped set-top boxes, and to their emerging
    high-definition TV services," said Gerry Kaufhold, an In-Stat analyst
    and author of the report.

    DVD sales growth is slowing, according to several recent reports. A
    study released by Adams Media Research in October forecast DVD sales
    of about $17.3 billion this year, a 12 percent rise from 2004. Adams
    forecast a 9 percent rise to $18.9 billion in 2006.

    The industry also is grappling with a scuffle over what technology
    will underpin the new wave of high-definition DVDs, the report said.

    "The migration to next-generation high-definition optical disc formats
    is not going smoothly," Kaufhold said.

    On one side is Sony Corp. with its Blu-ray format and studio
    supporters such as Metro-Goldwyn-Mayer Inc., and Fox Filmed
    Entertainment. The rival format is HD DVD, championed by a group of
    consumer electronics companies including Toshiba Corp..

    http://today.reuters.com/news/newsA...6665_RTRIDST_0_INDUSTRY-MEDIA-DVDSALES-DC.XML






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    Allan, Dec 9, 2005
    #1
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