(Image courtesy of DEG)
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Overall, U.S. consumer spending across all digital and physical video formats hit more than $ 30 billion, up 21 percent from 2019, according to DEG figures. Almost everything was for digital forms of entertainment, with corporate rent and sales declining sharply through the pandemic to $ 3.5 billion combined.
“Consumer spending on home entertainment has reached unprecedented levels,” said Judith McCourt, an external analyst who collects DEG data and presents it as part of an online event this morning. today. McCourt warned that the numbers are still in their infancy and may change slightly by April as the final figures go in.
DEG figures include revenue generated by several major new membership video services, such as Disney + and HBO Max, along with more traditional digital channels such as e-sales and rental through services such as Google Play, Apple’s
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The numbers do not include several other hot regions, however. One video is high on demand, which several major studios tried after the theater pandemics closed and designed to replace traditional or traditional film distribution patterns.
Under revenue sharing dealing with two major theater series, NBCUniversal specifically stated that they plan to offer most of their 2021 calls on PVOD as soon as 17 days after the release. out theater.
“Early comments indicate high interest, and strong results,” DEG said in a press release. “Universal has stated that with 18 films released on PVOD over the last 10 months, with additional PVOD revenue, the company has generated more than four times what it would expect to earn. in a traditional digital-only home entertainment window. In total, total domestic consumer spend on these new Universal calls on a commercial basis represented over $ 500 million. ”
The news also referred to Universal Pictures Home Entertainment President Michael Bonner who said, “Since the launch of PVOD, we have learned a lot, and much of it has confirmed that PVOD is ready to contribute theater industry in a way that can benefit the ecosystem across consumers, distributors and studios. ”
Disney has also said that some of their films could be released through the new PVOD window this year, as are some smaller studios. WarnerMedia goes even further, saying they plan to release the entire 2021 movie slate on HBO Max and in theaters on the same day. In an employment call Tuesday for the AT&T owner
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DEG’s revenue titles also don’t count another hot segment, supported VOD, which includes popular services such as Fox’s Tubi, Plia TV at ViacomCBS, and Xumo at NBCU, in addition to Amazon
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Movies are still a big draw digitally, even though theaters are still closed in many parts of the country. Lively Disney Frozen 2 the sequel followed up the year-end numbers for Watched At Home’s DEG weekly list.
The top 10 most viewed films on disc and digital affairs in 2020 are, in order: Jumanji: The Next Level, Star Wars: Episode IX – The Rise of Skywalker, Joker, Sonic the Hedgehog, Bad Boys for Life, 1917, Scoob !, Ford v Ferrari, and Outdoor knives.