U.S. Home Entertainment Spending Up 11 Percent

American consumers spent $8.7 billion on movies and television shows watched at home in the first quarter, an 11 percent year-on-year gain, according to DEG: The Digital Entertainment Group.

The gains were fueled by an increase in new theatrical releases, DEG reports. EST purchases of theatrical titles were up more than 17 percent, with digital EST overall up 7 percent to $643.6 million.

The best-performing titles across transactional formats were American Underdog, Dog, Dune, Encanto, Ghostbusters: Afterlife, House of Gucci, No Time to Die, Sing 2, Spider-man: No Way Home, Venom: Let There Be Carnage and season four of Yellowstone.

Subscription streaming rose almost 17 percent in Q1 to $6.9 billion following the rollouts of several new platforms in the last year. VOD revenues slipped by almost 11 percent to $501 million.