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Report: Blu-ray to Pass DVD in 2012

8 Jun, 2011 By: Chris Tribbey

Total consumer spending on entertainment will move past $500 billion worldwide by 2014, and packaged media still should account for roughly one-fifth of that, according to data from Futuresource Consulting.

Packaged media still will continue to see year-over-year declines in the next few years, but even by 2014 the combined entertainment spending on online and mobile content won’t match what DVD and Blu-ray Disc can bring in, the research firm predicts. Subscription TV and broadband service entertainment revenues will continue to lead in overall consumer entertainment spending, with box office revenues a distant third.

Futuresource expects 2012 to be the year DVD revenue finally gives up its majority home entertainment stake to Blu-ray, and by 2014 DVD could be just 26% of home entertainment spending, with Blu-ray at 41%. TV-based VOD (18%) and online video (15%) will account for the rest. Futuresource pegs combined spending in those four categories at close to $25 billion by 2014.

By 2014 Futuresource expects close to 83 million connected Blu-ray players in the United States, compared with 14.4 million in 2010, but Americans likely will have more tablets (95.2 million) and certainly more smartphones (267 million).

About the Author: Chris Tribbey

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