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We run Ireland-DVD-Rental-Guide.com as an independent, unbiased review of the Irish DVD and game rental-by-post industry, which we hope allows you the customer to make informed choices. We're going strong in 2009 after our blog relaunch and hope to maintain the high standards our readers have become accustomed to.
 

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DVD Rental Growth Continues Despite Recession

US online DVD rental leader Netflix is poised to see a 30% profit rise in the fourth quarter (with a 20% share price increase in December so far), despite the global economic downturn.

We believe there are broadly similar trends at work in Ireland, but haven't seen solid data. UK market leader Lovefilm also estimates its user base will grow 70% this year, fueled by the credit crunch and people staying home more, but this sounds a bit optimistic to us. In Ireland, we believe market leader Screenclick, and sole game rental source Gamesenders will enjoy similar good business.

Customers are simply looking for cheaper means of entertainment given the poor economic climate, and it's hard to beat online DVD and game rental, especially when compared to the cinema, theatre, or even a bricks and mortar video shop. Amusingly, the UK's Times Online noted that Lovefilm reported a 40% jump in demand for comedy DVDs, as people seek more cheerful escapism from the headlines.


11 Dec, 2008 | Category: DVD Rental News | AddThis Social Bookmark Button
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Comments


Times are bad, but people will still go for cheap entertainment (and this is cheaper than any shop), so dvd rental by post is still in our future for a long time methinks.



Eoin from Cork - 10 Feb, 2009 - 09:15:00
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