At least the numbers are moving in the right direction.
For the second year in a row, the home entertainment industry grew by a blip in 2013, generating $18.3 billion in consumer spending on Blu-Rays, DVDs and electronic copies of films and TV shows, according to a report by IHS Screen Digest.
With growth of less than 1 percent from the previous year, the numbers are essentially flat, but the collapse of the DVD business led to seven straight years of declines prior to 2012. It’s easy to understand why the industry is heartened by this minor achievement.
“It’s the best health the business has been in for half a decade,” Tom Adams, a home entertainment analyst at IHS, told TheWrap.