As global cinema industry figures are published annually, some of them might raise eyebrows, while others would simply astonish the readers. ifilm will, in this series of articles (in tips format), highlight some of those figures, based on globally published statistics for 2017.
The subsequent reports include both the theatrical market and home entertainment market.
30- In 2017, home entertainment consumer spending for content released digitally and on disc increased 11 percent globally to $47.8 billion, with digital home entertainment the driver of growth.
31- Digital spending grew 161 percent globally, while physical spending plunged by 47 percent during the same period, reflecting the shift toward digital viewing choices.
Once you look back at the figures published so far in the series of articles here, you might have noticed the trends in the entertainment industry; which could be interpreted as people showing more tendency toward entertainment and pastime.
Stay with ifilm, in the next section, covering more on this.
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