Revenue from digital entertainment in 2021 was more than three times greater than from theaters, according to the Motion Picture Association. The figure reflects just how much streaming has come to dominate the media landscape.
In 2019, box office accounted for $42.3 billion in sales. With steady business returning to movie theaters in much of the world this year, analysts forecast that the theatrical recovery could reach around 80% of what it typically has. Meanwhile, physical sales have been gradually declining for years. Last year, physical media fell to $6.5 billion, or about half what it was in 2018 and a fraction of their record highs.
Still, the MPA data captured many of the shifts accelerated by the pandemic. In both 2020 and 2021, 179 original films were exclusive to streaming services compared to 113 in 2019. Viewing movies online grew in 2021 by 15% versus a year earlier.USC Annenberg’s Inclusion Initiative
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tanner McKee Hopes To Build Upon Flashes Of 2021 Season | The Draft NetworkTanner McKee is hoping to build on some of the flashes he had in 2021. Crissy_Froyd talked with McKee about the season that was, his goals for the future, and much more. FrontOffice33 | GoStanford
Read more »
China records more local COVID cases this year than in whole of 2021China has reported more local symptomatic COVID-19 cases so far this year than it recorded in all of 2021, as the highly transmissible Omicron variant triggers outbreaks from Shanghai to Shenzhen.
Read more »
Prep football’s return, one year later: Was it worth the trouble for two 2021 seasons?“Show me the ‘Let’s get sports playing again in the pandemic’ playbook. I mean, there wasn’t one. Never happened (before). Hopefully it’ll never happen again,” Walsh said.
Read more »
2022 Rangers positional analysis: Mitch Garver provides massive offensive upgrade from 2021Thanks to the MLB owner-imposed lockout, the Rangers will not report to spring training Feb. 14, as had been the original schedule. Nevertheless, we begin...
Read more »
2021 Global Box Office Down 50 Percent From Pre-Pandemic Times: MPA ReportNot all is lost, however. The annual report from the Motion Picture Association says the theatrical business will recover from COVID-19 and also trumpets the rise of streaming.
Read more »
Here are the winners of the 2021 Video Game Accessibility Awards - GamepurOn March 12 the 2021 Video Game Accessibility Awards were held on Twitch, highlighting the best games that have made their experiences more accessible to the disabled community as well as others who are restricted from playing by other means. Read more:
Read more »