DVD Spending Slid 16% in 9 Months, Industry Data Show
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U.S. DVD purchases fell about 16 percent through nine months of 2010, a casualty of the economy and changing tastes, based on data from the Digital Entertainment Group, a studio-backed trade association.
Total spending on films and TV shows declined 4 percent to $12.6 billion, the Los Angeles-based group said today in an e-mailed statement. DVD purchases tumbled to about $5.57 billion from $6.66 billion a year earlier, the report shows.