Another Banner Year On Tap for DVD16 Oct, 2002 By: Kurt Indvik
Suppliers shipped a record153.3 million DVD software units to retailers in the third quarter of this year, more than doubling the 75.9 million units shipped during the third quarter last year, the DVD Entertainment Group (DEG) announced today.
By its calculations, the industry has shipped 1.1 billion DVD software units to retail since the format's inception in 1997.
Through the third quarter, DEG estimates suppliers shipped 425.6 million DVDs to retail, which beats the 364.4 million units shipped during all of 2001.
Meanwhile, 5.4 million DVD players were shipped to retail in the third quarter, again besting last year's Q3 number of 4.1 million, according to the DEG.
Several analysts called the fourth quarter of 2001 a breakout for the DVD format, with some 137.4 million software units shipped, leaping from 75.9 million the previous quarter. Hardware unit shipments also soared in the fourth quarter of last year, to 7.3 million units in Q4 from 4.1 million in Q3.
DEG estimates that through the third quarter of this year. 43.7 million DVD players have been sold through to U.S. consumers, with the format in about 33 million households.