Home entertainment spending in 2017 came in at an estimated $20.5 billion, up 5.26% from 2016, DEG says.<\/p>\n
As expected, the gains came largely on the digital side, with total digital spending up nearly 20% to $13.7 billion.<\/p>\n
Subscription streaming accounted for the bulk of digital spending growth, with consumer spending on streaming jumping more than 31% to an estimated $9.6 billion \u2013 although DEG cautions that one reason for the pronounced jump is that the trade group is including a broader spectrum of OTT service, including Amazon Prime, whereas in the past the streaming revenue figure was based primarily on Netflix.<\/p>\n
Consumers in 2017 spent an estimated $2.15 billion on the electronic purchase of movies and other filmed content, up nearly 6% from the prior year. This growth was driven by a 12% increase in the purchase of theatrical films, DEG says.<\/p>\n
Spending on discs was down 14.1%, to an estimated $4.7 billion.<\/p>\n
Sales of 4K Ultra HD TVs, players and content \u201cwas again strong\u201d in 2017, DEG said in a news release. More than 14.6 million 4K UHD TVs were sold in 2017, bringing the number of total households to more than 30 million.<\/p>\n
In addition, DEG said, there are approximately 8 million households with 4K UHD Blu-ray Disc playback devices (including set-top players and game consoles).<\/p>\n
HDTV (including 4K UHD) penetration now totals more than 120 million households.<\/p>\n
Blu-ray Disc playback devices (including set-tops and game consoles) are now in 97 million U.S. households.<\/p>\n
The number of 4K Ultra HD titles in the market grew to 267 titles at the end of 2017, representing some $147 million in sales \u2013 a growth rate of 187% over the prior year.<\/p>\n