Cooped-up during the coronavirus pandemic, consumers spent more than $26.5 billion on digital home entertainment in 2020. Including physical discs, the tally reached $30 billion, up 21% from 2019.The annual figures were reported by the Digital Entertainment Group, an industry consortium representing a swath of studios, retailers and tech platforms.
The digital outlay (including rentals, purchases and subscriptions) increased 33% over 2019 and was driven by streaming, with spending on subscriptions rising 37% to $21.2 billion.
During 2020, WarnerMedia launched HBO Max and NBCUniversal rolled out Peacock, with both joining Disney+ and Apple TV+ in a push to compete with established players led by Netflix.Premium video on demand (PVOD) was not
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