Re:Streaming video has surpassed cable subscriptions worldwide
by ubercore on Saturday March 23, 2019 @03:22PM
(#19471922)
The $96.8 billion is just talking about movies, and the cable subscription total is just for sub fees.
Re:Streaming video has surpassed cable subscriptions worldwide
by chx on Saturday March 23, 2019 @05:31PM
(#19472463)
Nope.
> on entertainment around the world. The international theatrical box office grew to $41.1 billion (spending in the US and Canada grew to $11.9 billion), while home entertainment hit $55.7 billion internationally.
Re:Streaming video has surpassed cable subscriptions worldwide
by ubercore on Saturday March 23, 2019 @08:18PM
(#19473138)
Right. Box office being when someone sees a movie in a theater. Home being when they rent or buy a movie. Still doesn't mean the cable _subscription_ numbers have to be smaller.
But still. This article has an inconsistency that doesn't require any particularly high level of math understanding.
> world’s entertainment market — encompassing both theatrical and home releases — grew to a new high in 2018: $96.8 billion
repeat:
> consumers spent $96.8 billion on entertainment around the world.
compare to:
> cable subscriptions still rake in the most money, increasing in 2018 by $6.2 billion to $118 billion
Erm, what?
And I checked the original PDF, the same sort of headscratcher is in there: apparently people spent more on cable subscription than on entertainment which is obviously (?) impossible.