The distribution of movies via download in the United States and Western Europe will generate $1.3 billion in 2011, according to a new report from Screen Digest.
The report, “Online Movie Strategies: Competitive Review and Market Outlook,” cautions, however, that the lack of a unified path toward digital distribution will hamper development of the market and confuse consumers.
The report projects that $720 million will be generated in the United States and $572 million in Western Europe. Movie studios and content owners will receive $935 million with the rest distributed between service and solution providers, according to the report.
According to Screen Digest, the online digital movies segment will constitute 3 percent of all movie/home entertainment revenues in the United States and Western Europe by 2011.
For more information, visit www.screendigest.com.
The latest product and technology information
Future US's leading brands bring the most important, up-to-date information right to your inbox