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Netflix has hit video spending in UK, US - study

Thursday 25 February 2016 | 11:12 CET | News
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A new report from IHS shows a clear correlation between the launch of Netflix and a fall in video spending. Before Netflix launched its streaming service in the US in 2007, spending on buying and renting movies and TV series on disc was falling by an average of 1.2 percent a year. Since 2010, the year in which Netflix access became ubiquitous across the US, spending has fallen by an average of 10.3 percent a year. In the UK, sales of movies on disc have more than halved since the first SVoD services launched in 2008, with the highest annual decline (-14.5%) experienced in 2012, the year

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Categories: Broadcast & Satellite / Internet
Companies: Amazon / LoveFilm / Netflix
Countries: United Kingdom / United States
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