Home video biz holding up

July 13, 2008 Data from DVD and Blu-ray Disc sales and rentals shows the home video business is holding up well despite the down economy, the high price of gas and any consumer shift toward the Internet. Consumer spending on DVDs and Blu-ray in the first six months of the year, purchases and rentals combined, was up 1.6% from spending in first-half 2007, according to Home Media Magazine's market research department. Rental spending rose 2.6% from $3.8 billion in the first six months of last year to $3.9 billion, according to Home Media Magazine market research calculations.

Subscribe to the Hollywood Reporter and see the entertainment industry from its best angle: the inside looking out. Complete access to real-time news and exclusive analysis that goes behind the scenes from film to television, home video to digital media.

   Subscribe now.