The present and future of post production business and technology | Philip Hodgetts

Mar/12

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More Movies Will Be Streamed Than Watched on Disc in 2012.

More Movies Will Be Streamed Than Watched On Disc In 2012 http://t.co/6oOvgKnG And that’s the legal viewings!

Legal online viewings of films will more than double to 3.4 billion this year from 1.4 billion in 2011, IHS said today in a statement. Physical viewings of DVDs and Blu-ray discs will shrink to 2.4 billion from 2.6 billion, according to the forecast.

Unlimited-streaming subscription plans, including those offered by Netflix Inc. (NFLX) and online retailer Amazon.com (AMZN)’s Prime service, accounted for 94 percent of all paid online movie consumption in the U.S. last year, Englewood, Colorado-based IHS said. Streamed movies have been replacing video discs, much as streamed music is overtaking compact audio discs.

Of course, that’s little solace if your client(s) still demand shiny discs!

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1 comment

  • Steve Speed · March 27, 2012 at 10:35 am

    Budgets for web based projects have risen markedly since we began, we can reach many more people than we ever could before and I can’t remember when I was asked for a DVD or Blu-Ray.

    Trouble is everyone else is piling in too! But hey, there’s more work to go around too though.

    There’s been a lot of research into the piracy of films and TV and one of the consistent reasons for piracy was not cost but convenience. The AppleTV and boxes like it should be a runaway success but it not for the inability of the studios to “get” how people want to consume media. They are still wedded to physical products and insane prices. The studios paid a lot in the fight between BR and HDDVD and it seems they aren’t going to let it go without their pound of flesh. I expect those BR figures are somewhat assisted by the fact that the studios prevent streaming services competing on a level playing field with physical media.

    In a world with free wifi in most coffee shops, HD handheld tablets,4G, 100+ GBs of monthly bandwidth delivered by high speed optical and FTTC, it’s almost as though Studio bosses are living in an alternate universe that’s 10 years behind ours.

    The only media that should be protected is the Cinema/Theater. You know, where we sit there watching badly illuminated images that may or may not be focussed correctly while people talk amongst themselves, take phone calls and eat loudly. It would be a shame to lose that…

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