Streaming Kills It : More People View On Digital Platform

The number of global subscriptions to online video streamers surpassed cable TV for the first time ever in 2018 ! Worldwide there are now over 615 million streamers vs. 556 cable users.

DVD and Blu-ray sales dropped 15% in 2018 while streaming surged 24%. Americans now spend 52% of their media time on a digital platform - as home entertainment topped $55.7 billion.          

So, it appears that the tremendous growth in streaming at home has devastated movie rental and discs sales and has not impacted cinema admissions in an averse way. The top streaming film for 2018 was Black Panther, followed by The Greatest Showman, and Star Wars Episode VII, The Last Jedi