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Streaming Services Are Killing Off The DVD And Blu-Ray Industry

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DVDs may be headed for the same fate as VHS cassette tapes, as consumers change their viewing habits and binge on a variety of video streaming services. US consumers spent nearly $6 billion more on subscription services like Netflix and HBO Go last year than they did on DVD and Blu-ray. Sales of all physical formats of video — such as DVD and Blu-ray discs, DVD subscription services, and video kiosk rentals like RedBox — experienced a substantial decline in 2017.

Added on the 12/01/2018 17:03:17 - Copyright : Wochit

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