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Appeared on: Thursday, November 3, 2016
Home Entertainment Spending Up Driven by Digital HD Sales and 4K Ultra HD Technology

Consumer spending on home entertainment products rose 3. 8 percent in the third quarter from previous year. To date, sales are up 2.5 percent in the first three quarters of 2016, according to the third Quarter 2016 Home Entertainment Report compiled by the Digital Entertainment Group (DEG).

Consumers continued to show their interest in Blu-ray Disc movies and TV shows with spending up nearly six percent for the quarter and about eight percent for the year, says DEG's report, which is compiled by DEG members, tracking sources and retail input.

Consumers also continued to embrace next generation 4K Ultra HD products with robust sales for 4K Ultra HD TVs, Ultra HD Blu-ray players and 4K Ultra HD Blu-ray Discs.

Highlights for third quarter 2016:



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