Netflix inpacts spending on movies and TV shows

Before Netflix launched its streaming service in the USA in 2007, spending on buying and renting movies and TV series on disc was falling by an average of 1.2% a year. Since 2010, the year in which Netflix access became ubiquitous across the US consumer electronics sector, spending has fallen by an average of 10.3 percent a year. – IHS via Broadband TV News