As
the development of internet speed, many people who choose to watch movies on
the internet-based services rather than buying a DVD or BluRay. Los Angeles
Times reported that according to studies conducted IHS Screen Digest, 3.4
billion will watch movies on the Internet via streaming services like Netflix
and downloading via online stores like iTunes and the other was in 2012.
There
is only 1 billion movies purchased through Bluray and DVD. However, the study
predicts that revenues from DVD and Bluray in 2012 reached $ 11.6 billion,
compared with $ 1.72 billion earned through internet services. The reason is
partly due to the cost of buying and watching movies on the internet is cheaper
because Netflix, Hulu and other services provide low monthly price to watch
their movies at any time.
Hollywood
studios have anticipated this by launching a service that makes DVD and Bluray
buyers gain access to the latest version of the film at cloud computing
services that can be streamed via PCs and various mobile devices.
source
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