The BBC reports “subscription is replacing ownership”

Published: 22 April 2019

The BBC reports “Owning your film and music collection is becoming a thing of the past.

More money was spent on subscription services like Spotify and Netflix last year than on physical DVDs and CDs, according to new figures from the Entertainment Retailers Association.

In music, subscription now accounts for 62% of total revenues; while video on demand has a 55% market share.

Video games show a similar trend, with online subscriptions generating more than downloads and disc sales.” Read all