Technology

Popular Streaming Services Now Face New Challenges

Netflix and Disney streaming services have flourished in recent times. Now people are watching more than ever.

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According to a new report released by the Motion Picture Association, worldwide subscriptions to online streaming services just recently surpassed 1 billion in 2020. This marks an unprecedented moment in the global home and mobile entertainment market. With people spending more time than ever at home because of COVID-19, the up-trend represents a growth of 26% compared to 2019. Movie theater ticket sales dropped by 80% in 2020, while 55% of U.S. adults reported that their viewing of movies and shows through an online streaming service increased.

The Rise Of Netflix

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