Home video spending in US falls 2 percent in 2011

Tuesday, January 10, 2012 - 16:00 in Mathematics & Economics

(AP) -- Home video spending in the U.S. fell 2 percent to about $18 billion in 2011. A surge in the popularity of movie streaming services like Netflix Inc. and gains in Blu-ray disc sales helped offset some of the drop in DVD purchases.

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