DEG, the Digital Entertainment Group, on Wednesday announced its new board of directors. Ron Sanders of Warner Bros. is the president, David Bishop of Sony and Craig Kornblau of Universal are vice presidents, Mike Dunn of Fox is secretary and Steve Beeks of Lionsgate is chief financial officer.
DEG: The Digital Entertainment Group has added Eric Anderson, VP of content strategies for Samsung Electronics, to its board of directors, serving from Aug. 1 to July 31, 2012. The DEG board also recently added a sixth seat to its steering committee, electing as VP Leslie Cohen, SVP of new products and services for Sony Music Entertainment. She joins president Ron Sanders, VPs David Bishop and Craig Kornblau, secretary Mike Dunn and CFO Eisuke Tsuyuzaki.
BEVERLY HILLS, Calif. — The studios’ home entertainment presidents had mixed news to share Nov. 2 at Blu-Con, the third annual Blu-ray Disc convention. DVD sales are down 14% to date, according to Ron Sanders, president of Warner Home Video and board president for DEG: The Digital Entertainment Group, which hosted the event. And the overall home entertainment business is still reeling from a rough economic climate, where consumers have turned to rental over sellthrough in droves. But Blu-ray sales are up 86%, and high-def disc is expected to generate $2 billion in revenue this year.
With 10 3D Blu-ray Discs debuting Nov. 16 — 10 days before Black Friday — and heavy retailer support for 3D consumer electronics, DEG: The Digital Entertainment Group is hoping for big things for the 3D category this holiday season. The DEG counts 24 3D Blu-ray titles announced for retail by the end of the year, a figure that doesn’t count exclusives tied to certain 3D hardware or retailers. Nearly a dozen distributors have released or announced 3D Blu-ray titles.
The home entertainment industry began to recover in the second quarter of this year, with consumer spending on pre-recorded entertainment products relatively flat with second-quarter spending in 2009. Numbers released today by DEG: The Digital Entertainment Group also indicate a 2.3% rise in consumer transactions in the first six months of this year. A tough first quarter, however, still led to a 3.3% decrease in first-half spending.
Some facts and figures about Blu-ray, compiled from throughout the day at Blu-Con in Los Angeles