DEG says home entertainment spending showed strong growth in Q3 2018. However, one service is the primary driver of that growth. Here are five facts you need to know about the home entertainment revenue picture.
Fact 1 – Total home entertainment spending up (0:40)
Home entertainment spending is growing again. DEG saw an impressive gain to reach a record for Q3 spending on movie and TV show rentals, purchases, and subscription VOD.
Fact 2 – Digital spending dominates (1:16)
In a very short space of time, digital distribution has come to dominate home entertainment spending.
Fact 3 – SVOD is the engine of growth (2:04)
SVOD dominates all the video distribution media tracked by DEG. Q3 saw another strong surge in revenue.
Fact 4 – Digital rentals and purchases grew strongly (2:44)
Digital rental revenue has been in the doldrums for a while, and digital sales have shown relatively weak growth for a while. Q3 saw both grow strongly.
Fact 5 – Pay TV dominates home entertainment spending (3:40)
DEG doesn’t track it, but pay TV spending absorbs far more consumer entertainment dollars than any other medium. Its share is slipping but doesn’t seem in danger of collapsing any time soon.