Video Business Online just released a story stating that the video rental business is down .4% in 2004.
Consumers spent $8.06 billion on DVD and VHS rentals in 2004, off just 0.4% from a year earlier, according to Rentrak's Home Video Essentials.
DVD rental revenue grew 39.2% to hit $5.73 billion and account for 71% of all consumer spending on rentals. VHS continued to slide, falling 41% to $2.33 billion, and making up just 29% of rental revenue.
The story also lists the top 10 rentals last year (just in case you were curious, The Day After Tomorrow was #1).