The data also showed that people spent more on digital video at home than trips to the theater. While theatrical spending ever grew so little in 2018 to $ 41.1 billion, people worldwide spent a total of $ 42.6 billion on streaming, downloads and video-on-demand. Discs meanwhile dropped to $ 13.1 billion – just over half of what it was back in 201
This is not a decisive victory for online video, at least not yet. Cable and satellite are still larger than streaming when combined. More importantly, cable and satellite are still the most lucrative in terms of pure revenue, if not necessarily profit. The cash inflow of cash grew by 6.2 billion. Dollars in 2018 to reach $ 118 billion Dollars, suggesting that the people who held onto cable paid more than ever. MPAA added that most of those who subscribed to Internet services also had conventional TVs, suggesting that the number of line cutters is not as large as you might think.
However, these are important milestones for internet video. It is now the most popular individual TV format in the form of pure subscriptions, and companies who want the widest possible range may need to be aware. Likewise, movie studios and prize groups may be taking streaming releases more seriously, though they have been less than thrilled in the past. While conventional TVs and theaters are far away, they may have reached a bend point.