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US home video spending rises 5 pct in 1Q

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LOS ANGELES (AP) — The home video market showed further signs of recovery in the first quarter, rising 5 percent thanks to growing sales of Blu-ray discs and the rise of subscription streaming services like Netflix. That's according to an industry consortium, The Digital Entertainment Group. U.S. spending of $4.7 billion was helped by sales of home movies that were strong performers in...