DVDs Expected To Be Replaced With Streaming Content
DVDs are expected to see a massive decline over the next few years says a study from In-Stat, a research firm.
DVD sales are expected to “plummet” while Blu-Ray is expected to climb, but not enough to make up for the steep decrease in DVD sales. Between 2009 and 2014, DVD sales are expected to drop by $4.6 billion.
Streaming content is expected to take the place of physical discs. According to In-Stat, video download and streaming revenue is expected to climb from $2.3 billion to $6.3 billion within five years.
The streaming services could also touch on television, not just movies. In-Stat reports that downloading of television programming is expected to more than triple between 2010 and 2014; with a video-on-demand subscription to reach $3.5 billion by 2014.
Streaming is huge for many large companies, Apple TV allows consumers to rent TV shows and movies directly from Apple TV, or stream music and video from their computers. There is no internal storage like on a DVR box. Instead, a viewers content just streams instantly.
Netflix is also a huge force to be reckoned with on the streaming front. CEO Reed Hastings said the company is “now primarily a streaming company that also offers DVD-by-mail.”
Personally, I love streaming Netflix, but I find the content limited, and I still have to rent DVDs. What do you think will happen to DVD/Blu-Ray sales with the streaming service on the rise?
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