All right, we’re closing out the week with a trio of interesting stories... all of which have a long shadow.
First up is a report, from the Motion Picture Association of America, that reveals a shocking 50% decline in global physical media sales over the last five years. The market data comes from both the DEG (Digital Entertainment Group) and IHS Markit. The drop is in dollar amount, from $25.2 billion in 2014 to just $13.1 in 2018. And there is no sign whatsoever that physical 4K Ultra HD or any kind of 8K Blu-ray format is going to recover those losses. 4K, though popular with enthusiasts, is just 5.3% of current physical disc sales (regular DVD still accounts for nearly 60% of all disc sales worldwide). You can download the report here in PDF format.
This disc decline aside, overall home entertainment spending was up 16% last year, and the difference seems to be not individual digital media sales but rather cable subscriptions and subscriptions to online streaming services. The latter is obviously expected to continue growing in the years ahead, with Disney+, AppleTV+, and AT&T/WarnerMedia all launching new services. [Read on here...]
- My Two Cents
- The Digital Bits
- Bill Hunt
- Star Wars: The Rise of Skywalker
- Star Wars Celebration
- Episode IX
- The Mandelorian
- Motion Picture Association of America
- Digital Entertainment Group
- physical media sales decline
- 2018 Theatrical Home Entertainment Market Environment
- THEM report
- Game of Thrones: Season Eight on HBO