2011 Digital Home Vid figures released- Netflix tops iTunes for first time
Ryan
While there has been lots of talk about Netflix's pricing woes, new figures released from research firm IHS are showing that the streaming giant is still spending to get US content. For the first time, the streaming service surpassed Apple in terms of market share for total revenues derived from spending on movies, cutting Appls's share of homevid revenues to 32% (for reference, Apple's share was 61% in 2010). Key points about 2011 Home Video/Digital market
- nearly half of the online movie business comes from Netflix. SVOD represented $454M in total - Microsoft represents the 3rd place digital partner after Netflix and Apple - Electronic Sell Through remains soft (up only 2% over last year) - Physical disk business is down to $14.5B (from $16B in 2010)
Full article here: http://www.variety.com/article/VR1118054901?refCatId=1009