The Motion Picture Association today released a report on the theatrical and home/mobile entertainment market.
It highlights the dramatic increase in subscriptions to online video services during 2020, the year of the pandemic.
Some additional data points:
- Global online video service subscriptions broke the one-billion barrier for the first time.
- Worldwide subscriptions totaled 1.1 billion in 2020, a year-to-year increase of 26 percent.
- Subscriptions in the U.S. alone exceeded 308 million, a 32 percent increase from 2019.
- Global revenues for home/mobile entertainment (that is, content released digitally and on disc) grew by 23 percent, to nearly $69 billion.
- A higher portion of surveyed American adults – 55 percent – reported consuming more content online than the 46 percent who indicated they had watched more pay TV.
- Over 85 percent of those between the ages of 2 and 17 reported that they watched full-length TV shows or movies on a mobile device.
The "2020 THEME Report" is available here.
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