DVD Going The Way Of VHS In 2016

DVD sales saw a 28% drop last year, making $12.2 billion. This total only is expected to reach $8.7 billion by 2018, a time at which electronic home video (streaming titles or digital downloads) are anticipated to be the highest-earning element of filmmaking. Within five years, digital video profits are expected to leap from 2014’s projected $8.5 total to $17 billion. Basically, [PricewaterhouseCoopers] projects that by 2018, digital video will be earning distributors more profits than movies’ theatrical box office will. – Kristy Puchko, Cinema Blend http://ift.tt/1q0emw5