Online Video Revenue Could Overtake Box Office In 2 Years
More consumers seem to want high-quality original programming that's available on-demand across various devices.By Jamal Andress | June 3, 2015
"I'm hooked on a feeling," goes the classic tune featured in Marvel's "Guardians of the Galaxy."
But according to a new report, that number will fail in comparison to the revenue from Netflix, Hulu and the like in just two short years. By then, it predicts the take will be $12 billion per year for electronic home video and $11.8 billion at the box office.