Netflix streams 6 out of 10 digital films

Want to know why studios are growing leary of Netflix? It’s all in the numbers. Netflix-ps3-small

A new report from The NPD Group shows that despite the best efforts of some enormous competitors, the online rental service holds a 61 percent market share in the streaming movie field so far this year.

Comcast came in a distant second in the category, which includes both downloaded and streamed films, with 8 percent. DirecTV, Time Warner Cable, and Apple tied at third with 4 percent each. Digital video now makes up one quarter of all home video volume, according to the market research company.

“Sales of DVDs and Blu-ray Discs still drive most home-video revenue, but VOD and other digital options are now beginning to make inroads with consumers,” said Russ Crupnick, entertainment industry analyst for NPD. “Overwhelmingly digital movie buyers do not believe physical discs are out of fashion, but their digital transactions were motivated by the immediate access and ease of acquisition provided by streaming and downloading digital video files.”

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 4

Leave a Reply

4 Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

  1. Totally really like thinking about this blog. thanks a great deal for your post!

  2. Totally really like thinking about this blog. thanks a great deal for your post!

  3. So happy to see the blog on here, I am a student on school, sometimes, I like to search on the Internet, Today, I am a luck dog, I find here. it is a good place

  4. Never ending the learn Class. I want to lear more information from it. they are so help for me . MY friends also want to see it. I will show it to them ,. you had done a good job now . come on!

More Digital News from Variety

Loading