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According to a new report from IHS Screen Digest, the number of films bought or rented online this year will grow by 135 percent in 2012 to 2.4 billion. While this sounds great at first glance for film studios, consumers will only spend $1.72 billion to do so compared to the $11.1 billion they spent last year on DVDs and Blu-Rays. This will break down as 57 percent of consumer movie consumption will be done online, but at only 12 percent of the spending.
Read the full story at Techno Buffalo
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).
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Shelly Palmer is Fox 5 New York‘s On-air Tech Expert (WNYW-TV) and the host of Fox Television’s monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network‘s, Shelly Palmer Digital Living Daily... Read More »
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