With International markets seeming to do quite better than domestic markets when it comes to cinema, it appears as though that may not be the case for DVD and Blu-ray.
According to The Wrap, sales of DVD and Blu-ray discs dropped 3% in 2009, and are looking to fall 20% by the end of 2014, or a slide of about $14.5 million. This comes against cartoonishly high increases in domestic DVD and Blu-ray sales, particularly Blu-rays which saw an increase of 70% last year.
Analysts believe that this is simply spawned from the ever weakening global market, and the continual pricing of Blu-ray releases at a rather high premium in overseas markets. Personally, that seems like a pretty heads on prognostication of just what is plaguing foreign markets.
However, I can’t help but think that things like online streaming happen to play into DVD sales a little bit. I know for a fact that I personally have skipped out on buying/renting films that I knew where online via something like Netflix, so while I can’t really say anything about foreign sales, I do think access to media can sort of span the globe.
However, I really don’t think that it’s much more than the ever growing financial crisis that is slowly spanning the planet that we call Earth.
Source: The Wrap