Blu-ray disc sales grew last year, but they still only represent a tiny sliver of the pie when compared to DVD sales. Despite a 5% increase in rental transactions, spending rose less than 1% to $8.15 billion, which is mostly blamed on rental kiosks like Coinstar's Redbox. Video on demand and online purchases rose slightly and overall movie spending in the US fell 0.3% to $28.38 billion from $28.47 billion.
"Consumers are still in love with movies," said Tom Adams, president of Adams Media. "In this environment, however, they're seeking the biggest bang for their bucks." How did you spend your cash on films last year?