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Consumers Spend More On Digital Video Streams, Downloads Than On Discs

Consumer are spending more on digital video downloads and video streaming than they are on purchasing and renting physical DVDs and Blu-ray discs.

Consumer are spending more on digital video downloads and video streaming than they are on purchasing and renting physical DVDs and Blu-ray discs, statistics from the Digital Entertainment Group show.

During the first nine months of the year, consumers spent $6.44 billion on downloading and streaming video compared with $6.29 billion spent on buying and renting discs. In 2014, in contrast, consumers spent more on physical media, about $6.93 billion, compared with $7.53 billion spent on digital downloads and streaming, DEG statistics show.

Digital includes downloads, subscription streaming and video on demand, which consists of on-demand streaming via cable, satellite or the Internet.

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