US 2019 digital media entertainment spending top $25BN

The Year-End 2019 Digital Media Entertainment Report showed that throughout the year US consumers continued viewing and collecting their favourite films across multiple formats. It also showed that electronic sell through and online video-on-demand (VOD) services also benefited from consumers’ growing embrace of digital transactions. As well as all of the year being a strong year for the industry, 2019’s fourth quarter showed notable gains increasing revenues year-on-year 9% to $6.8 billion. In detail, overall electronic sell-through (EST) spending rose 5% for the year. Theatrical EST sales were up more than 7% for the year, offsetting a full year flattening in sales of TV products.