Early Ultra HD Blu-ray Consumer Demand ‘Impressive,’ DEG Says
About two dozen Ultra HD Blu-ray titles were introduced Q1 in the U.S. to support Samsung’s release of the industry’s only Ultra HD Blu-ray player, and consumer demand was “impressive,” the Digital Entertainment Group said in a Friday quarterly report.…
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Consumers bought more than 80,000 Ultra HD Blu-ray discs “in their first weeks of launch,” DEG said. That’s twice the number of discs sold in the comparable period after the Blu-ray launch, it said. Samsung’s Ultra HD Blu-ray players also were “quickly purchased,” but “with only one manufacturer in the market place, the DEG cannot report sales figures,” it said in a footnote. Total U.S. spending on home entertainment content declined 1.8 percent in Q1 to $4.55 billion, DEG said. Sell-through of packaged goods fell 13.2 percent to $1.38 billion, but total spending on digital content delivery jumped 13 percent to $2.48 billion, led by the 19 percent increase in spending on subscription streaming, to $1.41 billion, DEG said.