June 20th, 2008 at 1:28 am
June 20th, 2008 at 12:55 am
A study by Media Control GfK shows consumers will start spending more on home entertainment between now and 2010. But the growth won’t be caused by DVD sales, nor by Blu-ray sales. It will be the games section that gets more crowded. Overall the revenue will grow 17% the next two years.
Although Blu-ray sales will definitely grow, the decline of DVD sales will negatively compensate the extra revenue. Blu-ray revenue will skyrocket from $1.5 billion this year, to $8 billion in 2010. And especially the higher price point of the medium will help to bring in extra cash. Meanwhile, DVD spending will decline from $32.2 billion in 2008 to $26.2 billion in 2010.
But the worldwide growth from $61 billion in 2007 to $78.2 billion in 2010, will be caused by game sales. Gfk president Amy Heller said the sales are “expected to grow to $67 billion in 2008 thanks to growth of new formats like the Wii.” This would mean a game revenue growth of 22% in 2008 and the GfK is expecting another 18% in 2009 and 12% in 2010.
June 20th, 2008 at 12:33 am
Hollywood grandpas Jack Nicholson and Morgan Freeman did it again. After an mildly impressive worldwide gross of $173 mill, the oldies are topping both the sales and rental chart in the US.
Again we sadly don’t have actual numbers, but ‘The Bucket List’ was followed by ‘Jumper’ on both charts. The Doug Liman (‘The Bourne Identity’) movie made $80 mill in the US earlier this year and had a total gross of $221 mill. The good worldwide performance (for its $85 million budget) recently justified talks about a sequel, although nothing has been planned yet.
‘The Other Boleyn Girl’ debuted at number 4 and ‘John Adams’ by HBO at 5.
