Pandemic Speeding Pay TV's 'Fall From Grace,' Says nScreenMedia
The COVID-19 pandemic is accelerating the shift from physical media to digital home entertainment, with disc revenue falling rapidly and consumer spending on traditional pay TV declining, blogged nScreenMedia analyst Colin Dixon Sunday. Subscription VOD has been a big beneficiary,…
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with its share of consumer entertainment spending rising from 9.9% in Q2 2018 to 17.1% two years later, he said. "There seems no stopping traditional pay TV’s accelerating fall from grace," he said.