Consumer are spending more on digital video downloads and video streaming than they are on purchasing and renting physical DVDs and Blu-ray discs, statistics from the Digital Entertainment Group show.
During the first nine months of the year, consumers spent $6.44 billion on downloading and streaming video compared with $6.29 billion spent on buying and renting discs. In 2014, in contrast, consumers spent more on physical media, about $6.93 billion, compared with $7.53 billion spent on digital downloads and streaming, DEG statistics show.
Digital includes downloads, subscription streaming and video on demand, which consists of on-demand streaming via cable, satellite or the Internet.
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