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Indie stores gain some ground
June 11, 2009
There's good news for non-public rentailers in a new report from Adams Media Research.
Adams shows the sector gaining some market share vs. the public chains. Traditional bricks-and-mortar rental stores saw their share of the total rental pie (including kiosks and subscription, but not VOD) fall to 69% in 2008, from 76% a year earlier, as kiosks and subscriptions gained share. Subscription plans like Netflix now represent a full quarter of the rental market.
Non-public chains increased their share of the bricks-and-mortar slice to nearly 49%, though, from 46% in 2007.
Check out all of Adams' latest research at http://www.adamsmediaresearch.com/ .
That may be short-lived however. While Adams expects bricks-and-mortar to decline further at the hand of kiosks, he expresses confidence in Blockbuster’s ability to diversify product lines and adopt new business models, stopping indiw growth.
Posted by Marcy Magiera on June 11, 2009 | Comments (0)
