Hollywood DVD Sales Down

November 24. 2008

Hollywood once thought it was impervious to any financial climate, but is finding out the hard way it is not. DVD sales they were banking on are down 30%.

Prepare For 30% Lower DVD Movie Sales

Insiders are telling me that end-of-year stats regarding DVD sales of 2008's major movie titles are looking like a disaster areas. The guesstimates are that even blockbuster titles like Iron Man and Hancock will be down 30%. Interesting that studios which earlier claimed their film biz was near-recession proof are now blaming the economy rather than new digital media delivery options.

http://www.deadlinehollywooddaily.com