created over 2 years ago | Tagged:
Will the DVD die off like the LaserDisc and VHS Tape before it?
There’s a compelling case that streaming video is killing its predecessors. This year, it is estimated, there will be 3.4 billion movie views online, compared with 2.4 billion disc views.
Streaming services such as Netflix, Amazon Prime and Hulu Plus have racked up tens of millions of subscribers. It’s easy to see why — viewing a movie on a streaming service costs a fraction of the price of viewing a movie on disc.
For production companies, the rise of digital streaming capabilities isn’t necessarily good news. Movies in physical form are still far more profitable than streamed versions, and digital piracy is a thriving industry unto itself. In 2011, Fast Five, The Hangover Part II and Thor were illegally downloaded more than 25 million times.
This is all according to online education site TheDegree360, which pulled reports from several sources to produce the infographic below. Pronouncing the DVD officially dead as of 2012 may be a bit hasty, but the graphic does give some perspective on just how dominant streaming video has become.
When was the last time you bought a DVD? Let us know in the comments.