Dateline City:
London
Digital purchases to grow 75 percent between 2013 and 2017; Six major film studios attend day one of IHS PEVE Entertainment Business event in London
LONDON, UK (1 October, 2014) – Growth in digital subscriptions, rentals and purchases will hold total consumer revenue from traditional home entertainment sources steady, according to new analysis released at the PEVE Entertainment Business conference, held by IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.
“As physical rentals and purchases decline, the home entertainment revenue stream will rely more and more on the growth potential of the digital space,” Dan Cryan, senior director of digital media at IHS Technology, said.
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