Displaying items by tag: Digital Entertainment Group (DEG)
All right, we have a new update on the health of the home entertainment market from the Digital Entertainment Group (DEG) for the first half of 2020. And the numbers are not entirely unexpected...
According to the DEG, total home entertainment spending (all categories) was up about 26% for the first half of 2020 (through the end of June) compared to the same period last year.
Total digital spending was up 36% during that period (the specific breakdown was +33% for electronic sales, +33% for VOD, and +37% for subscription streaming). That’s the good news.
The bad news—which by now should not be unexpected—is that packaged goods (read: discs) were down 17.2% in the first half of this year from the same period in 2019. Specifically, Q2 2020 was down 11.11% from Q2 2019, this after a 22.4% decline in Q1 2020 (as we reported here back in early July). [Read on here...]