Beeks said Lionsgate Blu-ray revenue in January was about seven times higher than last year. The studio has already shipped as many BD releases this year as in entire 2007.
"We expect the industry to unite behind Blu-ray by the summer, which should drive the current HD market to triple in size from $300 million in 2007 to more than $1 billion this year," he said. "It is exciting again to have a true growth opportunity in home entertainment as we expect Blu-ray revenue to be largely incremental in the near term."
For some reason it N4G wouldn't let me link directly to the article.