Dateline City:
London
Downturn in physical video spending correlates closely with Netflix availability
LONDON, UK (24 February, 2016) – IHS Inc. (NYSE: IHS), the leading global source of critical information and insight, today announced findings from its report measuring spend on movies and TV shows.
Highlights from the report from IHS Technology entitled “Did Netflix Kill the Physical Video Market?” follows:
- Clear correlation between launch of Netflix and decline in video spending
- Spending on Netflix does not make up the difference
USA spend declines
Language:
English
