Screengrab from LA Times article "Internet to surpass DVD in movie consumption, not revenue". Published march 23, 2012. Visible text is: This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts. Consumers will watch more movies online than on DVDs in 2012 for the first time, but will spend far less doing so, according to a new report. The number of movies rented or bought online from outlets like Netflix and iTunes will grow 135% this year to 3.4 billion, according to IHS Screen Digest. But the research firm said people will spend only $1.72 billion on digital movies, compared to $11.1 billion on DVDs and Blu-ray discs. In total, online stores and services will account for 57% of movie consumption in 2012, but only 12% of spending. ‘The result would be a net decline in home entertainment revenue even as consumption reaches previously unattainable heights,’ IHS analyst Dan Cryan wrote in the report.

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On 21. september 2022

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From: https://www.latimes.com/archives/blogs/company-town-blog/story/2012-03-23/internet-to-surpass-dvd-in-movie-consumption-not-revenue

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