Video disk formats going the way of the dodo

Stefan Mileschin · 16th April 2019, 09:23

Use fell by 50 percent

The Motion Picture Association of America has found that there is a huge drop-off of physical media sales over the past five years.

According to the Theatrical Home Entertainment Market Environment report, global sales of video disk formats (DVD, Blu-ray, and UltraHD Blu-ray) were $25.2 billion in 2014 but only $13.1 billion in 2018. That's a drop by half.

Forbes Market data suggests that 8K Blu-rays or other emerging quality-focused formats are not going to make any difference. Ironically the ageing, low-definition DVD format still accounts for 57.9 percent of physical media sales, and 4K Blu-rays are only 5.3 percent.

The overall industry grew over the same period. Home entertainment spending increased 16 percent in 2018 thanks to surges in consumer spending on digital video services from players like Netflix, Amazon, and Hulu.

The report says that subscriptions to online streaming services grew 27 per cent globally to 613.3 million in 2018, surpassing cable subscriptions (at 556 million) for the first time.

Cable still drives more overall revenue than streaming -- it was the highest revenue platform in 2018, worth $118 billion globally.

https://fudzilla.com/news/48509-vide...ay-of-the-dodo

16th April 2019, 09:23	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,802	Video disk formats going the way of the dodo Use fell by 50 percent The Motion Picture Association of America has found that there is a huge drop-off of physical media sales over the past five years. According to the Theatrical Home Entertainment Market Environment report, global sales of video disk formats (DVD, Blu-ray, and UltraHD Blu-ray) were $25.2 billion in 2014 but only $13.1 billion in 2018. That's a drop by half. Forbes Market data suggests that 8K Blu-rays or other emerging quality-focused formats are not going to make any difference. Ironically the ageing, low-definition DVD format still accounts for 57.9 percent of physical media sales, and 4K Blu-rays are only 5.3 percent. The overall industry grew over the same period. Home entertainment spending increased 16 percent in 2018 thanks to surges in consumer spending on digital video services from players like Netflix, Amazon, and Hulu. The report says that subscriptions to online streaming services grew 27 per cent globally to 613.3 million in 2018, surpassing cable subscriptions (at 556 million) for the first time. Cable still drives more overall revenue than streaming -- it was the highest revenue platform in 2018, worth $118 billion globally. https://fudzilla.com/news/48509-vide...ay-of-the-dodo

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Lumia has gone the way of the Dodo	Stefan Mileschin	WebNews	0	3rd January 2017 06:54
Heat sinks and fans could go the way of the Dodo	Stefan Mileschin	WebNews	0	7th October 2015 08:34
Google, Microsoft and Netflix team up on free video formats	Stefan Mileschin	WebNews	0	2nd September 2015 19:01
University formats every computer by mistake	Stefan Mileschin	WebNews	0	20th May 2014 06:40
Winamp goes the way of the dodo	Stefan Mileschin	WebNews	0	22nd November 2013 07:59
KDE going the way of the Dodo	Stefan Mileschin	WebNews	0	27th June 2012 11:16
Analyst believes Facebook will go the way of the dodo	Stefan Mileschin	WebNews	0	7th June 2012 06:35
ATI HD 4830 will go the way of the dodo	jmke	WebNews	0	18th March 2009 16:55
Blu-ray vs. HD-DVD: The War of the Formats	jmke	WebNews	0	28th March 2007 21:11
apologies for boring question concerning audio formats	The Senile Doctor	Hardware/Software Problems, Bugs	2	2nd September 2006 13:50