×

Chronicles of Narnia is the Top Selling DVD for the First Half of 2006

By Evan Jacobs — June 30th, 2006

The top selling DVD during the first half of the year has been The Chronicles of Narnia: The Lion, The Witch and the Wardrobe. Despite DVD's with newer features, HD and Blu-ray, the decline in home video has continued into 2006.

In a story from The Hollywood Reporter, "consumer home video spending slipped 3.7% in the first half of the year, to $10.9 billion, according to preliminary estimates from Home Media Retailing's market research department."

In addition to this, "purchases are down 3.6%, to $7 billion, while rentals fell 3.9% to $3.9 billion."

Executives at studios are not surprised by this citing that "more than 80% of U.S. households now have at least one DVD player," and people new to the format aren't purchasing like their consumer predecessors.

Dont't forget to also check out: The Chronicles of Narnia: The Lion, The Witch and The Wardrobe

Related Stories