DVD Statistics: 20 Percent: Drop In US DVD Sales

We have written about TV Ownership Statistics and TV Subscription Statistics before and we wondered, cable cutting - is this a sign of things to come. We spotted this today:

"DVD sales plunged 20% in the US in the first quarter of 2011, with Hollywood studios blaming the timing of Easter and a glut of blockbuster releases in the same period last year for the $500m (£303m) year-on-year revenue slump.

However, consumer spending on streaming and subscription services such as Netflix rose 33% to $695m."

Statistics Source: Guardian