Video Streaming to Kill Off DVDs, Study Says

CYBERSPACE — Video streaming will cause physical DVD sales to plummet over the next few years according to a recent research study.

A report from Maryland-based think tank In-Stat said that physical DVDs — including Blu-ray that will increase slightly — will become less important to the entertainment industry and sales will decline by $4.6 billion between 2009 and 2014.

Streaming video and digital downloads are quickly becoming the more desirable delivery methods. In-Stat reported that downloads and streaming revenue is expected to grow from the $2.3 billion it generates now to $6.3 billion "within five years."

Although the findings are based on mainstream entertainment, the adult industry has led the way in streaming and it's likely the continued decline in DVD sales will accelerate in porn as well.

"Video disc rentals will continue their significant decline," In-Stat principal analyst Keith Nissen said in a statement. "The convenience and utility of the online offerings are simply too compelling."

The market research firm also said that streaming could also affect the TV business, predicting that download revenue of U.S. television programming could "more than triple" between 2010 and 2014.

In-Stat also said that VOD subscription revenue could hit $3.5 billion by 2014.

The popularity of streaming is becoming more and more evident ad important to major companies like Apple that reported in its announcement of Apple TV earlier this year that consumers would rather stream a movie than download it onto their set-top box. The Apple box allows streaming and movie rental but doesn’t allow for storage.

Another key player, movie rental pioneer Netflix quickly shifted its strategy to streaming. Netflix CEO Reed Hastings said his company is "now primarily a streaming company that also offers DVD-by-mail."


Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News Launches Through YourPaysitePartner, the official website of fetish and gonzo studio Bemefi Video, has launched through YourPaysitePartner (YPP).

OnlyFans CEO: 'We're Very Proud of Our Adult-Content Creators'

The Financial Times has published an interview with OnlyFans CEO Keily Blair, in which she discusses the popular creator platform and her current vision for the company, and explicitly states that the company is “very proud” of its adult content creators.

Jade Valentine, Kelly Caprice Topline 'Lesbian Step-Daughters 6'

Jade Valentine and Kelly Caprice headline the second volume of "Lesbian Step-Daughters 6," from Girlfriends Films.

Jenna Starr Is March's 'MYLF of the Month'

Jenna Starr has been named MYLF of the Month for March, and is spotlighted in a scene with Victor Ray.

Jasmine Teaa Is LoyalFans' 'Featured Creator' for March

LoyalFans has named Jasmine Teaa as its Featured Creator for March.

FSC Submits Statement for the Record to U.S. Congress About Financial Discrimination

The Free Speech Coalition has submitted a statement for the record to Congress, detailing the ways in which Treasury regulations aimed at preventing financial crime may be unintentionally leading to de-banking adult businesses and workers.

Scarlett Alexis Named TeamSkeet's 'AllStar' for March

Scarlett Alexis has been selected as TeamSkeet's AllStar for March, and is spotlighted in a new scene with Jay Romero.

Ryan Reid Is Twistys' March 'Treat of the Month'

Ryan Reid is Twistys' Treat of the Month for March and will be highlighted online throughout the month.

VR Porn Releases 2023 'Annual Report'

VR Porn has released its Annual Report, highlighting tendencies and popular search terms on the site in 2023.

Aylo Responds to Canada's Privacy Commissioner Report on User-Generated Content Protocols

Aylo has released a statement responding to a report released by Canada’s privacy commissioner, regarding a complaint about user-generated content.

Show More