The recession had resulted in home entertainment sales falling to US$ 18.8bn for 2010 from US$ 19.4bn in 2009, according to Digital Entertainment Group (DEG).
With cable and cinema also falling, the media industry seems to belie the state of the nation and is a stark contrast to recessions in the 30s and 70s when entertainment grew during recessions by some measures.
Perhaps the most surprising element is Blu-ray, with sales of US$ $1.8bn, although outstripped by download sales of US$ 2.5bn and matched by VoD sales of US$ 1.8bn, up 20.8%. It has certainly caught on more in the US than in Europe, perhaps helped by the PS.
However, I expect this to be a blip like DAT was before streaming services take over.
Overall, however, the figures do show the resilience of paid for content even in difficult times.
With cable and cinema also falling, the media industry seems to belie the state of the nation and is a stark contrast to recessions in the 30s and 70s when entertainment grew during recessions by some measures.
Perhaps the most surprising element is Blu-ray, with sales of US$ $1.8bn, although outstripped by download sales of US$ 2.5bn and matched by VoD sales of US$ 1.8bn, up 20.8%. It has certainly caught on more in the US than in Europe, perhaps helped by the PS.
However, I expect this to be a blip like DAT was before streaming services take over.
Overall, however, the figures do show the resilience of paid for content even in difficult times.