Film streaming and downloads to overtake box office in 2017

The growing popularity of downloads and streaming services like Netflix means that Blu-ray and DVD sales are declining News: Ebook revenues to overtake printed books by 2018A study by PricewaterhouseCoopers (PwC) has declared that the market for DVDs and Blu-ray is quickly declining, with the slack taken up by increasingly popular on-demand streaming services like Netflix which will also overtake cinema box office revenues in the coming years.The study says that revenue from electronic home video (ie streaming and downloading films) will outstrip physical media in 2016, and that the market for physical media will drop from $12.2bn now to $8.7bn in 2018. They also predict that in 2017 electronic home video will overtake the traditional cinema as the biggest contributor to total film revenue in the US, reaching a total of $17bn the following year double the $8.5bn the sector currently generates. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2014-06-04 00:00:00 UTC ]

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Film streaming and downloads to overtake box office in 2017

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