Wholesale : Your Source for Wholesalers, Distributors, Importers and Manufacturers

Article Search

Return results from:

 

 

 

Wholesale News & Articles    

The Wholesalecentral.com article archive is updated regularly with wholesale industry news, new product announcements, product trends, business strategies, and more for the wholesale and retail industry.

Click here for a free subscription to Web Wholesaler Magazine, the magazine for online wholesale buyers.


Printer-Friendly

DVD Biz On Roll

Mar 1, 2008

Any concern that DVDs and DVD players are a dying business is highly exaggerated, according to a report by DVDPlay, Inc., a DVD rental kiosk operator and developer, based in Campbell, CA. It announced that it has reached a new milestone with 13 million DVD movie rentals, an indicator that DVD rentals continue to be one of the fastest growing segments of the home entertainment market.

With cost, currency and convenience stimulating strong customer demand, DVDPlay attributes its accelerated ten fold growth in 2007 to easy access through major grocery chains and convenience stores, as well as campus bookstores and office complexes. DVDPlay boasts more than 1,400 kiosks nationwide, and will deploy an estimated 1,800 more by the end of 2008.

This is good for retailers of DVDs and players, as well as rental companies. It follows speculation that downloads and pay per view would begin to erode this market.

"The DVD is very much alive and will continue to be a dominant home entertainment medium for the foreseeable future," said Chuck Berger, chairman of the board and CEO of DVDPlay. "Video on demand is still an emerging market, given the significant technology obstacles and other barriers that have yet to be overcome."

According to The Digital Entertainment Group, 33 million DVD players were sold to U.S. consumers in 2007, taking the total number of DVD players in U.S. homes to 230 million, including portable units and televisions with built in DVD players. An estimated $16 billion was spent purchasing DVDs in 2007.

"Today's DVD delivers three times the resolution of what you can download," Berger added. "The vast majority of consumers prefer DVDs and have invested in players and other equipment for a quality home theater experience."

Topic: Wholesale News

Related Articles: DVDs 

Article ID: 531

Printer Friendly


Entire contents ©2012, Sumner Communications, Inc. (203) 748-2050. All rights reserved. No part of this service may be reproduced in any form without the express written permission of Sumner Communications, Inc. except that an individual may download and/or forward articles via e-mail to a reasonable number of recipients for personal, non-commercial purposes.

News and Resources for Independent Retailers Wholesale Gifts Asian Sources Visit MerchandizeLiquidators.com
WholesaleCentral.com is the Internet's leading directory of wholesalers and wholesale products.
We are the oldest and most trusted B2B wholesale directory for buyers and sellers on the Internet. WholesaleCentral.com is the leading online wholesale directory and search engine for connecting retailers and buyers of wholesale products directly with wholesalers, manufacturers and distributors as well as dropshippers, importers, and other types of suppliers. Find the largest online selection of wholesale products from jewelry and watches to clothing and handbags to electronics, novelties, toys, and much more. Connect with domestic and global wholesale companies and products today!

Wholesale News | Deals & Steals | Trade Shows | Resources | Product Locator | Wholesalers: Add Your Company | About Us | Disclaimer | FAQ's | Terms of Use
Wholesale Central Asia | Sumnercom.com | CloseoutCentral.com | Our Magazines: Web Wholesaler | Independent Retailer | Merchandiser Group (FleaMarketZone.com)

© Sumner Communications, Inc. 24 Stony Hill Rd. Bethel, CT 06801 | Contact Us