E-commerce services provided by companies like Netflix and Amazon have grown by more than 50% in the past three years.

 

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This article titled “US home entertainment spending growth defies slump” was written by Mark Sweney, for guardian.co.uk on Monday 31st October 2011 18.01 UTC

A surge of more than 50% in spending on e-commerce services such as Netflix and Amazon – helped by booming sales of Blu-ray discs of films such as the Star Wars franchise – has fuelled the first rise in home entertainment spending in the US for more than three years.

Consumer spending on services that provide films and TV shows digitally – including streaming, video-on-demand and subscription services such as iTunes and Hulu – grew 55.79% year on year to $811m in the third quarter, according to a report by industry body the Digital Entertainment Group.

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