Digital Entertainment Surpasses Box Office For First Time

Consumer spending on digital home entertainment surged to $48.7 billion last year, up 24% from 2018, according to a new report from the Motion Picture Assn. Worldwide theatrical ticket sales were $42.2 billion, up 1% from the prior year, said the MPA, the Washington-based lobbying group that represents the major Hollywood studios and Netflix. – Los Angeles Times