Filmed entertainment
This Post will further illustrate why spending is increasing online:
The filmed entertainment market consists of consumer spending at the box office for theatrical motion pictures plus spending on renting at video stores and other retail outlets (the in-store rental market) and purchase of home video products in retail outlets (the sell-through market). It also includes online film rental subscription services, such as those in which DVDs are delivered via overnight mail, and streaming services whereby films are downloaded via a broadband Internet connection. The figures do not include music videos (which are counted in the “Recorded Music” chapter) or video-on-demand, pay-per-view, or movie distribution by cable, satellite, or telephone companies (which are covered in the “TV Subscriptions and License Fees” chapter).
A sampling of global facts and forecasts:
- “In Asia-Pac, new multiplexes and digital cinemas will fuel box office spending, which will rise at a CAGR of 8.5 percent to reach $10.4 billion in 2012.”
- “In Canada, high definition DVDs, online subscription rentals, and digital streaming services will enhance overall home video spending, which will expand at a 5.1 percent CAGR to $6.6 billion in 2012.”
- “Download-to-own movies streamed over the Internet will increase rapidly from a small base, rising at a CAGR of 51.4 percent to total $900 million in 2012, in the US.”
This Article can be found at: http://www.pwc.com/extweb/industry.nsf/docid/8CF0A9E084894A5A85256CE8006E19ED?opendocument&vendor
To your success,
Joannes Hotagua
Get all of your entertainment needs from one source: http://www.myentmall.com
Tagged with: Spending online
Filed under: Articles Written by Experts • Uncategorized
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