U.S. consumers spent $22.8 billion buying and renting DVDs during 2005, an 8 percent increase over 2004, according to a report from the Digital Entertainment Group, a trade group representing home video retail and rental companies.
DVD retail sales grew 5 percent, to $16.3 billion, while rentals were up 14 percent to $6.5 billion. However, the overall home video market -- which includes sales and rentals of both DVD and VHS -- actually shrank slightly in 2005, to $24.3 billion, from 2004's $24.5 billion. More than 1.6 billion DVDs were shipped during 2005, a 9 percent increase from 2004, bringing the total number of DVDs shipped since the format's launch to 5.6 billion discs.
The number of U.S. households with a DVD player, including portable models, rose to 82 million; when DVD-playing PCs and video game consoles are factored in, the number grows to 89 million. The DEG estimates that over 80 percent of U.S. TV households can now play DVDs.
DVD retail sales grew 5 percent, to $16.3 billion, while rentals were up 14 percent to $6.5 billion. However, the overall home video market -- which includes sales and rentals of both DVD and VHS -- actually shrank slightly in 2005, to $24.3 billion, from 2004's $24.5 billion. More than 1.6 billion DVDs were shipped during 2005, a 9 percent increase from 2004, bringing the total number of DVDs shipped since the format's launch to 5.6 billion discs.
The number of U.S. households with a DVD player, including portable models, rose to 82 million; when DVD-playing PCs and video game consoles are factored in, the number grows to 89 million. The DEG estimates that over 80 percent of U.S. TV households can now play DVDs.