Saturday, May 28, 2005

Fun fact - movies

[See previous]

With Popcorn, DVD's and TiVo, Moviegoers Are Staying Home

The fun fact is: "DVD sales and rentals alone were about $21 billion, according to the Digital Entertainment Group."

With approximately 100 million households in the U.S., it means that each household is spending about $210 per year on DVDs. Given that the standard "3 DVD" package at NetFlix is $18/month, and $18 * 12 = $216, there seems to be a pretty uncanny correlation. Alternatively, if you spend $4 to rent a DVD, it means that the average household is renting about four DVDs a month. Or the average household is buying about one DVD a month.

DVD sales bring in about twice as much money as movie theaters. According to this article, movie theaters bring in only $9.5 billion per year in ticket sales.

Between DVDs and movie tickets, the average U.S. household is spending about $300 per year on movies.

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