What you MUST know about the DVD rental industry…
We’ve recently spent a considerable amount of time compiling an in-depth report on the DVD rental market. You can get a copy of the full report by calling us on 0800 0434723 (UK) or 1800 932903 (Ire.).
The report gives you a complete insight into market growth and also highlights the main emerging markets. Here we’ll break down some of the key research findings for you…
Home Entertainment Market Value Growth
- The total home entertainment market value grew from £3.64billion in 2007 to £3.71billion in 2008.
- There has been continual growth in the demand for home entertainment product and services from consumers.
The massive potential of the DVD rental market
- There were 390 DVD rental stores closed in 2007 and 2008.
- Despite this, the movie rental market was still valued at £345million.
- The closure of traditional DVD rental stores has created a large gap in consumer demand which has yet to be filled.
Technology isn’t all it’s cracked up to be
- The delivery of broadband in the UK and Ireland is still far below that which would be required to provide a reliable, modern online movie rental service.
- Pay-per-view movie costs remain very high, and access to to new release titles is virtually non-existent.
- Only 16million UK homes have access to broadband - this leaves approximately half the population with no facility for movie downloads or streaming.
DVD rental kiosks have been a huge success in the USA
- Redbox have grown their DVD kiosk network from 1,600 in 2006 to 22,000 in 2009.
- The Redbox share of the entire DVD rental market is 13%, valued at $780million.
This comes despite the fact there are still 5,000 Blockbuster stores operating in Amercia, the US has far greater broadband capabilities than the UK and Ireland AND Netflix (the UK equivalent of Lovefilm) has been in operation for over 12 years.
We have a huge amount of interesting data like that above, and we’d be happy to provide you with this. We hope this will make a better, more informed decision on whether you proceed with The Movie Booth.
Want a copy of the report?
If you’d like a full copy of the report then simply email contact@themoviebooth.com or call 0800 0434723 (UK) or 1800 932903 (IRE) and we’d be happy to send this to you. You can also contact us for further details on our business opportunities.
We look forward to hearing from you.
The Movie Booth
P.S. The report is sold by leading industry bodies for thousands of pounds. However, if you’d like this for free email contact@themoviebooth.com or visit www.themoviebooth.com and complete our contact form.