How Home Entertainment Companies Are Navigating the Streaming Apocalypse [Variety]

How Home Entertainment Companies Are Navigating the Streaming Apocalypse [Variety]

Above: The holiday shopping period is traditionally a prime time for studios to promote souped-up movies and TV shows for purchase, and this year is no exception: Warner Bros., for example, recently released what it billed as the “ultimate makeover” of “Wizard of Oz” on Ultra HD Blu-ray with 4K resolution.
By Todd Longwell

December 2, 2019 | Now that the streaming apocalypse is fully upon us, how are people in the home-entertainment business coping? Mostly by reducing expectations for those once lucrative discs.

With revenue shifting toward established subscription video-on-demand services such as Netflix, Amazon and CBS All Access, and even more competition from Disney Plus and Apple TV Plus, studios are increasingly pinning their hopes on their own streaming offerings, while targeting collectors for purchases on any format of their choosing, be it disc, digital or a combination. Other companies have found new opportunities for niche streaming services and ad sales on apps.

Read more on Variety.

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