12-Jan-2012 - Home video spending in US falls 2 percent in 2011 (AP)

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LOS ANGELES – Home video spending in the U.S. fell 2 percent to about 18 billion in 2011. A surge in the popularity of movie streaming services like Netflix NFL shop jerseys Inc. and gains in Blu-ray disc sales helped offset some of the drop in DVD purchases. The Digital Entertainment Group, a consortium of Hollywood studios and electronics manufacturers, said Tuesday that sales of Blu-ray, which became the high-definition standard in February 2008, were up 20 percent, to 2 billion for the first time. The number of households with a Blu-ray player rose 38 percent to nearly 40 million. Digital streaming plans, which weren't broken out last year, racked up nearly 1 billion in sales. DVD sales declined 20 percent to about 6.95 billion. The overall drop in home movie spending was smaller than in 2010, when the industry reported a 3 percent decline. "The industry's performance clearly stabilized in 2011," the DEG said in a statement. Americans made fewer visits to brick-and-mortar movie rental NFL JERSEYS stores. Spending in that category fell 29 percent to 1.64 billion. Spending on mail-order disc rental services rose 4 percent to about 2.37 billion. Spending at popular rentals kiosks, such as those offered by Coinstar Inc.'s Redbox, jumped 31 percent to nike nfl jerseys 1.66 billion. Movie buffs also rented more flicks through video-on-demand services offered through set-top boxes, with spending on VOD up 7 percent at 1.87 billion. Sales of movies through digital download services like iTunes rose 9 percent to 554 million.

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