Amazon 2Q sales of DVD & Blu-ray, downloads, music, books & video games up +20% YTY - High-Def Digest Forums
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Old 07-26-2011, 08:56 PM
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Thumbs up Amazon 2Q sales of DVD & Blu-ray, downloads, music, books & video games up +20% YTY

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Amazon Q2 Income Declines 8%

26 Jul, 2011
By: Erik Gruenwedel, Chris Tribbey

North American sales of movies discs, downloads, music, books and video games increases 20%

Online retailer Amazon July 26 reported that North American sales of DVD and Blu-ray Disc movies, digital downloads, music CDs, books, video games, software and consoles increased 20% to nearly $1.6 billion for the second quarter (ended June 30) compared to $1.3 billion during the previous-year period.


The tally was about 16% below the first quarter, which totaled more than $1.8 billion in sales for home entertainment.

Total North American sales, which include electronics and general merchandise, topped $5.4 billion compared to $3.6 billion last year.

Worldwide media sales, which includes streaming, music, DVD and Blu-ray Disc, grew 27% to $3.66 billion, while worldwide electronics sales, with other general merchandise included, grew 69% to $5.89 billion.

When asked about the status of the Amazon Prime streaming service, founder and CEO Jeff Bezos, in an investor call, remained purposely vague, adding that there were numerous non-defined measurement points being analyzed on the service.

It is very early right now and not a lot to share so far, Bezos said. We like what weve seen so far. We continue to focus on it.

Amazon last week announced that its Prime loyalty customers would be the first to stream free TV shows from CBS library. The deal added 2,000 episodes to Primes portfolio of more than 8,000 movies and TV shows. Starting this summer, dozens of CBS shows also will become available to transactional VOD Amazon Instant Video customers.

The retailer posted revenue of $9.91 billion, compared to $6.57 billion during the second quarter of 2010, with a profit of $191 million, down 8% from $207 million.
http://www.homemediamagazine.com/ama...clines-8-24600
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Old 07-26-2011, 09:23 PM
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A result of Amazon's ever-increasing market share, as surely those products as whole are probably declining and not increasing.

Bad news for B&Ms though, there's that much left in the pie for them. Also bad news for states that need the tax money that was not collected.
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Old 07-28-2011, 10:53 AM
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Amazon Inks Deal With NBCUniversal To Stream 1,000 Movies & TV Shows

Amazon, which last week announced a deal with CBS to begin streaming various shows from the network, has now added about 1,000 movies and TV shows from NBCUniversal as well.

Under the agreement, Amazon Prime customers can watch titles including Eternal Sunshine of the Spotless Mind, Gosford Park and Babe, among others. Amazon Prime now offers about 7,000 TV shows and 2,000 movies.
http://mashable.com/2011/07/28/amazon-nbc-universal/
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Old 07-28-2011, 11:30 AM
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Wait. So is there a breakdown that shows what Bluray/dvd sales for amazon were? Or did we just get everything lumped together? And without a breakdown what purpose does this thread serve? To show that entertainment does well during a bad economy?
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Old 07-28-2011, 11:33 AM
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Originally Posted by PSound View Post
Why do all the studios continue to sabotage the hot Bluray market buy helping all these cheaper alternatives? Bluray could be such a hot seller!
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Old 07-28-2011, 11:45 AM
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Originally Posted by Malanthius View Post
Why do all the studios continue to sabotage the hot Bluray market buy helping all these cheaper alternatives? Bluray could be such a hot seller!
ROFL!

Right? It is all the studios fault that consumer spending on OD has dropped like a rock.
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Old 07-28-2011, 02:35 PM
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Quote:
Originally Posted by PSound View Post
ROFL!

Right? It is all the studios fault that consumer spending on OD has dropped like a rock.
We all know the studios heads are saints. Sent from heaven to give us all the best possible deals on home media. Even if they have to take a loss on it!
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Old 07-28-2011, 10:51 PM
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Originally Posted by Malanthius View Post
Why do all the studios continue to sabotage the hot Bluray market buy helping all these cheaper alternatives? Bluray could be such a hot seller!
It isnt sabotage because its only fanboys on internet forums that have hallucinations about how Blu ray was supposed to get people to rebuy old movies.
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