Streaming services are killing off the DVD and Blu-ray industry

As this chart by Statisa shows, sales of all physical formats of video — such as DVD and Blu-ray discs, DVD subscription services, and video kiosk rentals like RedBox — experienced a substantial decline in 2017. Interestingly, video-on-demand services also saw a 7% decline, underscoring the growth in “cord cutters” who are ditching their monthly cable plans for streaming options. Whether consumers are motivated by cost savings, ease-of-use or immediacy, it’s clear that internet has emerged as America’s favorite method for video distribution. – Zoë Bernard, Business Insider http://ift.tt/2ECADgh
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s