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Outerwall Inc. Message Board

  • dvds_are_dead dvds_are_dead Aug 15, 2014 2:08 PM Flag

    Delaying Availability of DVDs

    Sales of Digital Movies Surge

    Delaying Availability of DVDs, Rentals Nudged Consumers

    By Ben Fritz
    Updated Jan. 7, 2014 9:44 p.m. ET

    After years of trying to convince consumers to buy movies online, Hollywood found a solution in 2013: Make it the only option.

    Digital movie purchases surged 47% last year to $1.19 billion, according to data released by Digital Entertainment Group, an industry trade group. It was the fastest-growing category as total home-entertainment revenue inched up 0.7% to $18.22 billion.

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    • From the same article: 'After growing 16% in 2012 and 31% in 2011, the kiosk-rental category fell 1% last year to $1.92 billion.'

      kiosk rental sales 1% down YOY.....doesn't seem like the plane crash the shorts are making it out to be. Yes, on current pace OUTR is in for a slow death, but before expect a return to some semblance of fair value, which is in the $75 range.

      We are on our way.

      Sentiment: Strong Buy

56.58-0.34(-0.60%)Oct 30 4:00 PMEDT

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