AUGUST 5, 2014 | 08:30AM PT
Thomas K. Arnold
Editorial Director, Home Media Magazine
U.S. consumer spending in the first half of the year was essentially flat with last year, but the shift toward digital distribution is becoming increasingly pronounced.
Numbers released this morning by DEG: The Digital Entertainment Group show a robust second quarter, in which total consumer spending on home entertainment rose 2%, making up virtually the entire 3.2% deficit from the first quarter. Total home entertainment spending for the first six months of 2014 came in at an estimated $8.58 billion, down less than 1% from the $8.65 billion consumers spent in the first half of 2013.