Broadcast News

Bookmark and Share
26/03/2012

Film Streaming To Replace DVDs?

For the first time, film streaming via the internet is to overtake traditional home viewing via DVD and Blu-ray discs, so claim the experts.
Dan Cryan, Senior Principal Analyst at IHS Screen Digest claims that the market for physical discs will decrease by the end of the year but online streaming of films via the internet will double.
According to estimates DVD and Blu-ray sales will drop from 2.6 billion in 2011 to 2.4 billion in 2012. While streaming content over the internet from services such as Netflix, Zune and Lovefilm will more than double from 1.4 billion in 2011 to 3.4 billion in 2012.
Mr Cryan said: "These stats put the final nail in the old idea that consumers won't accept premium content distributed online."
This analysis comes as online streaming service LoveFilm reports that digital film streaming has outstripped DVD rentals for the very first time.
The digital movie streaming service offered by LoveFilm surpassed the demand for the provider’s film DVD rentals in February.
LoveFilm revealed that during the month of February, demand from its subscribers for streamed movie content to devices was up by 20%, outstripping the demand from customers for DVD rentals, Blu Rays and video games combined.
"We are looking at the beginning of the end of the age of movies on physical media like DVD and Blu-ray,” said Dan Cryan.
But he concluded that:"the transition is likely to take time: almost nine years after the launch of the iTunes Store, CDs are still a vital part of the music business."
(LB)
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

05/04/2017
Spot & Spin To Launch Pay-As-You-Go Content Management Services At NAB
Spot & Spin is to launch its range of pay-as-you-go content management services at the the 2017 NAB Show in Las Vegas. "Spot & Spin gives film and tel
14/01/2020
mediaClass Announces Growth In Demand For Subscription-Based Services
mediaClass has announced a growth in demand for subscription based services offering video content directly to connected viewers. Bypassing traditiona
10/03/2020
Veritone Expands Content Classification Capabilities
Veritone has announced the expansion of its content classification capabilities to support IAB Tech Lab Content Taxonomy-compliant metadata output via
24/02/2020
Production News : Channel 4 Calls Out For Digital Content
Channel 4 has issued a call-out for digital content aimed at teens aged 13-16 years-old. The content will be showcased across the channel’s social med
09/12/2019
CP Communications Manages End-To-End Content Acquisition
For the 25th year, CP Communications managed end-to-end content acquisition for the TCS New York City Marathon. Now in its 49th year, the TCS New York
14/03/2017
SMPTE Unveil 2017 NAB Services
The Society of Motion Picture and Television Engineers (SMPTE) has unveiled details of the events and resources it is offering at the 2017 NAB Show ne
01/11/2017
Bristol Named UNESCO City Of Film
Bristol has been named a UNESCO City of Film ensuring that the city now joins the likes of Bradford, Galway, Rome and Sydney as a City of Film. The an
25/10/2017
Winners Of Third Annual SMPTE-HPA Student Film Festival Announced
SMPTE® and the Hollywood Professional Association (HPA) have announced the winners of the third annual SMPTE-HPA Student Film Festival. The event took
18/10/2017
GB Labs Takes On 400 Ambitious Film Students At Anglia Ruskin University
"We prepare students for a career in television and film," says Sean Thornton of Anglia Ruskin University. "As such, the technology we use has to be r
12/10/2017
Further Support For Irish Film & TV Industry
Bord Scannán na hÉireann/the Irish Film Board (IFB) has welcomed the announcement of an additional €1.5 million for Ireland's film, television and ani
12/10/2017
BLUEFIN TV Film New BBC Series – 'Talking Chefs'
Bluefin have just finished filming for a new BBC series – 'Talking Chefs', due to be transmitted in early 2018 on BBC World and The Travel Channel. Th
09/10/2017
Crew Needed For Feature Film
A feature film due to commence filming in Belfast next month is seeking crew in all departments, it has been revealed. February Films is shooting a fe
15/05/2017
SMPTE Accepting Entries For 2017 Student Film Festival
SMPTE has announced that it is accepting submissions for the 2017 SMPTE-HPA Student Film Festival. Hosted by SMPTE and the Hollywood Professional Alli
08/05/2017
Production News : BBC To Film New Drama In Northern Ireland
A new drama series is to be set and filmed in Northern Ireland, it has been revealed. The series – Come Home – is written by BAFTA and International E
04/05/2017
School Pupils To Create Films For Elstree Studios Film Festival
The Elstree Studios Film Festival has started filming across 15 schools in Hertsmere. As part of Elstree Studio's 90th anniversary, the studio teamed