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...]

Published in My Two Cents
Loading...

Bits Latest Tweets

The Digital Bits
Today on The Bits – #Criterion reveals its November #Bluray slate, plus #Shaft (2019), Deadwood: The Movie & Scooby-Doo, Where Are You! thedigitalbits.com/columns/my-two…
The Digital Bits
Bits #4K Review – @BillHuntBits looks back at a coming of age classic in @robreiner’s #StandbyMe on #UltraHD from @SonyPicsHomeEnt thedigitalbits.com/item/stand-by-…
The Digital Bits
Today on The Bits – Danny Boyle’s @YesterdayMovie official, plus #Scarface & #Hellboy 4K pre-orders, #GoodOmens, A Discovery of Witches & the new #StarWars #Bluray reissues on Amazon thedigitalbits.com/columns/my-two…