Film Box Office Sales Overtakes DVD and Blu-ray Disc Sales

Film Box Office Sales Overtakes DVD and Blu-ray Disc Sales

  • For the first time since 2002, consumers in the United States spent more to see Hollywood movies in theaters last year than purchasing DVD movies and Blu-ray discs.
  • According to the figures from Adams Media Research, consumers in the United States weren't so keen on buying DVD movies in 2009. While it found that U.S. consumers spent $250 million buying DVD movies online in 2009, the firm found that physical disc sales dropped by 13 percent year over year, form $10.06 billion in 2008 to $8.73 billion in 2009. Those figures include Blu-ray Disc sales.
  • Blu-ray made up $1.1 billion of the year's movie disc sales as the numbers of players in U.S. homes grew from 3 to 8 million. The 2009 domestic box office receipts added up to $9.87 billion, up nearly 10 percent from the previous year.
  • 3D films and IMAX presentations may account for the rise in box office gross as tickets are usually one third to double the average matinee price. The movie disc business peaked in 2004 with $12.1 billion in domestic sales, and with digital distribution, it is not expected to rebound. Hollywood is quick to place blame on piracy and movie disc rentals like Redbox and Netflix, which grew to $8.15 billion from $8.11 billion in 2008.
  • Film box office sales overtakes 2009 DVD movies and Blu-ray Disc sales, Hollywood itself is dealing with the crisis of income, so far, it has not been able to overcome. And as the video game industry continues to evolve as an entertainment alternative to movies, the pressure seems to be on moviemakes to right the ship.
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