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Capture The Flag Fast Facts
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![]() Rentrak Reports Growth in U.S. Home Video Rental Market During First Quarter 2005
Video Rentals and Previously-Viewed Sales Revenues Up 3%
PORTLAND, OR - (April 14, 2005 /PRNewswire-FirstCall/ -- Rentrak Corporation (Nasdaq: RENT), the originator of real-time home video tracking and analysis by Home Video Essentials™, today announced that national consumer spending on video rentals and previously-viewed (PV) sales were up during the first- quarter (weeks-ending 1/9 - 4/3/05) as compared to the first thirteen weeks of 2004 (weeks-ending 1/4. - 4/4/04).
According to intelligence derived from Home Video Essentials 2.0, which compiles weekly point-of-sale (POS) transactions scanned from home entertainment product bar codes, consumer spending in both the brick-and- mortar and online channels reached $2.44 billion, up 3% from the $2.38 billion spent last year.
Revenue from traditional a la carte rentals along with on and offline subscriptions were up 0.6% year-over-year, while sales for combined DVD/VHS previously-viewed titles were up an extraordinary 23% from last year.
To obtain a copy of Rentrak's Home Video Essentials™ Q1 2005 Report on the U.S. Home Video Rental Market, logon to http://www.rentrak.com/hve_research.php.
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