ITVS’s Rebecca Huval discusses research, news, and trends that come out of ITVS’s IndiesLab.
The verdict is in: Filmmakers can expect to profit from DVD sales for only two more years. At least that’s what Jeff Tamblyn, Director of Digital Delivery at New Day, is wagering.
“We should start a pot at New Day, a betting pool,” Tamblyn joked. “I’d be really surprised if the DVD market was 25 percent of what it is now in two years. I think the shift to streaming is going to be sudden and immediate.”
Statistics are also sounding the death knell: DVD sales plummeted 20 percent in 2011 to $6.8 billion, while digital sales such as streaming rose 50 percent to $3.4 billion, according to USA Today. Blu-ray disc sales rose 19 percent, but it wasn’t enough to make up for the DVD’s slide. In 2012, more movies will be viewed online than in all formats combined, according to The Degree360. Continue reading

