Thursday, March 22, 2012

Americans Now Watch More Online Movies Than DVDs

Monthly streaming subscription services like Netflix account for 94% of all paid online movie consumption. Netflix

Americans Now Watch More Online Movies Than DVDs -- CNN

NEW YORK (CNNMoney) -- U.S. movie buffs will pay to watch more movies online in 2012 than they will on physical video formats like DVD. That historic first marks a tipping point for Hollywood -- and its business model.

The stat comes a report that research firm IHS iSuppli released late Thursday. Online views, or paid "transactions," will hit 3.4 billion this year, compared with 2.4 billion for physical copies, according to IHS's forecast.

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My Comment:
I am one of those who now watches his shows and movies on my computer screen.

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