The accelerating economic downturn is taking its toll on the entertainment industry, with DVD sales lagging and Blu-ray sales disappointing, according to the New York Times. DVD sales are down 4 percent so far this year, the paper reports, citing data collected by Warner Brothers. The results for the third quarter are even worse, with a 9 percent drop overall and a steep 22 percent decline for new titles, according to numbers from Nielsen VideoScan quoted by the Times.

Meanwhile, free online content is doing better than ever. Hulu attracted 5.3 million unique visitors in October, a nearly 90 percent surge over the previous month. The Pirate Bay doubled the number of simultaneously connected users within the last six months, reaching a total of 25 million peers in November. The site’s admins apparently couldn’t quite believe their logs either, asking somewhat perplexed: “Wtf is going on(?)” The answer, in short, is this: We are in a recession. Continue reading on Newteevee.com.

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