(June 3, 2014) Box office and digital revenue will climb steadily over the next five years, but rentals and sales of DVDs and other discs will fall sharply, according to a report released Wednesday by PwC.
In a sign that the future will be streamed and downloaded, the study projects that electronic home video revenue will exceed that of physical home video in 2016. Meanwhile DVDs are looking increasingly imperiled, with PwC estimating that physical home entertainment revenue will fall more than 28% from $12.2 billion last year to $8.7 billion in 2018.
Read more at Variety
Additional link:
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Video – Where will consumers & advertisers spend their money in entertainment & media?
PwC’s Global entertainment and media outlook 2014-2018 – Now available