|New Content Delivery Options Shaking Industry
December 17, 2005
Sarasota, FL - A variety of new content delivery options for the home are creating tumultuous times for the movie industry, according to a report from In-Stat a high-tech market research firm. While standard-definition DVD sales are still going well, that market is likely nearing its peak, the report says.
"The PC industry is chomping at the bit to provide downloaded movies that might compete with DVD sales, and Pay-TV services want to add movies to their Video-On-Demand (VOD) services, to their new disk-drive-equipped set top boxes, and to their emerging High Definition TV (HDTV) services,” says In-Stat analyst Gerry Kaufhold.
A recent report by In-Stat forecast the following:
- By 2009, 41% of US TV Households will be watching movies on HDTV displays.
- DVD players that support HDMI deliver High Definition quality today, so next-generation High Definition optical products will need to provide "something more."
- Over 40% of Japanese households will have wide-screen HDTV sets by 2009, and Europe and other Asian markets are already seeing robust sales of HDTV displays.
- Portable player products and online download services are likely to lead industry growth, especially in Europe and Asia.
- By 2009, In-Stat forecasts a worldwide retail value of $50 billion for annual sales of Hollywood video content sold at retail.
- The intense media interest in next-generation optical disc formats will not have much impact on the Hollywood "packaged goods" business until late in the decade.
A strategic segment of the $8 billion Reed Elsevier global information network, In-Stat is the leading provider of actionable research, market analysis and forecasts of advanced communications services, infrastructure, end-user devices and semiconductors.
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