Subscription Streaming Was $11.6B Business in 2019's First 9 Months, Says DEG

U.S. consumer spending on home entertainment content jumped 11.33 percent in Q3 to $6.33 billion, reported Digital Entertainment Group Friday. Spending in 2019's first nine months jumped 8.26 percent to $18.34 billion. Total digital spending in Q3 increased 19.14 percent to $5.25 billion, making digital 83 percent of the home entertainment pie. Subscription streaming was the biggest single category in digital and overall, rising 24.67 percent in Q3 to $4.11 billion and 22.89 percent in the nine months to $11.58 billion. Sell-through of packaged goods continued its steady decline, falling 12.86 percent in the quarter to $735.69 million and 18.51 percent for the nine months to $2.27 billion.