The chart shows the sales revenue of a selection of home video entertainment formats in the USA in 2017. It also shows the percentage change from the previous year.
Online video streaming was the most popular format in 2017. US consumers spent $9.8 billion on services such as Netflix, which was a rise of 32 per cent from the previous year. For the average American, this accounted for nearly half of their spending on video entertainment at home.
At the same time, customers were moving away from the three physical formats in the chart. DVD and Blu-ray sales dropped by 14 per cent over the twelve-month period to $4.5 billion in 2017, and rent-by-post revenues went down by 20 per cent to $0.5 billion. DVD rental shops saw the largest decline, as spending fell by 21 per cent to just $0.4 billion.
Overall, there was a clear downward trend in spending on physical video formats, as they all showed relatively low sales and they were all in decline. However, there was an upward trend in paying for streaming.
Please note: This page was designed for writing practice only. Information in the chart may not be accurate.
