Wednesday, May 2, 2012
Online Movie Views to Surpass DVD and Blu-ray This Year
Fueled by all-you-can-view subscription services like Netflix and Amazon Prime, a recent IHS Screen Digest report, forecasts that, in 2012, Americans will watch 3.4 billion movies online. This is 1 billion higher than predicted number of movies played using physical media like DVDs and Blu-ray discs. Just last year, the order was reversed at 2.6 billion physical videos and 1.4 billion online viewings. They also point out a corresponding change in movie consumption trending toward a more TV-like "sampling and snacking" behavior. This is not surprising, given similarities to recent rapid changes in music consumption format.
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