Steven J. Dick, Ph.D.*
• Television has been in 98% of American homes since 1980.
• Home video revenues exceed network television revenues.
• Despite the national recession, Americans continue to spend on home video.
• Home entertainment revenue topped $18.2 billion in 2013 led by digital delivery and Blu-ray sales.
On June 12, 2009, full power television stations in the United States completed the transition to digital terrestrial broadcasting – the biggest change in television standards since the introduction of electronic television in 1945. Five years later, older tube televisions have virtually left the stores and standard definition has been relegated to a niche market.