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Topic: Business
Number of pages / Number of words: 6 / 1569
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Consumers in the United States spent roughly 80 percent of total filmed entertainment expenditures in 2001 on in-home filmed entertainment, Consumer video rentals and purchases represented $23 billion or 73 percent of the market. DVD rentals are quickly becoming a significant portion and a key driver of the home video segment, with video format undergoing a rapid technology transition away from VHS to DVD (see “Growing DVD Rentals,” side panel)...


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Consumers in the United States spent roughly 80 percent of total filmed entertainment expenditures in 2001 on in-home filmed entertainment, Consumer video rentals and purchases represented $23 billion or 73 percent of the market. DVD rentals are quickly becoming a significant portion and a key driver of the home video segment, with video format undergoing a rapid technology transition away from VHS to DVD (see “Growing DVD Rentals,” side panel)...


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