Techtree News Staff, Jul 16, 2008 1832 hrs IST
Sales of DVD and Blu-ray media has soared in spite of P2P downloads.
Techtree News Staff, Jul 16, 2008 1832 hrs IST
Sales of DVD and Blu-ray media has soared in spite of P2P downloads.
The optical media people, manufacturers and content producers, have cursed P2P users for hurting their sales. In spite of heavy P2P traffic over fatter pipes to download latest movie rips, the DVD and Blu-ray media sales have surprisingly managed to soar high.
As per the data collected by Home Media Magazine, sales of DVDs and Blu-ray media have shot from $6.8million in early 2007 to $6.87 billion first half of 2008. Reportedly the Blu-ray sales have rocketed by 340 per cent in first half of this year as compared to that of last year's first half. Also DVD rentals spending increased from $3.7 billion to $3.9 billion - basically rocks with 2.6 per cent compared to physical DVD and Blu-ray sales of 1.1 per cent. Factually, therefore, it's clear that online movie downloads haven't affected the physical DVD media sales.
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