Link This |
Email this |
Blog This |
Comments (0)
DVD down another 5% in '08?
March 12, 2008
Always provocative Pali Research analyst Rich Greenfield predicts in a research note out this week that consumer spending on DVDs will fall by another 4-5% in 2008 to $22.2 billion, after a 2% decline in 2007. (According to Video Business estimates, DVD spending was off 3% in ’07.)
Greenfield
says “The key driver of the decline is accelerating catalog DVD declines and a first-time decline in TV DVD spending.” He bases his forecast of declining catalog sales on a decision by Wal-Mart’s senior management to clean-up store aisles and eliminate the type of dump bins through which so many cheap discs move.
Posted by Marcy Magiera on March 12, 2008 | Comments (0)
