THE Motion Picture Association (MPA) recently released their annual THEME report covering 2020. The report tracks the theatrical and in-home entertainment industry both globally and domestically as well as other video industries.
For the THEME report, the MPA relied on various data sources.
In 2020, the global pandemic impacted the theatrical and home/mobile entertainment, as movie theaters and production studios temporarily closed. As millions quarantined, viewers were forced to stay home for their video entertainment.
Coinciding with the pandemic, was the emergence of new streaming video services from such prominent studios as Disney DIS -0.2%, Universal and Warner Bros. joining (and competing) with Netflix NFLX +0.4%, Hulu and Amazon AMZN +1.1%. Hence, stay-at-home viewers were able to watch premium TV and movies across various screens and providers.
While industry analysts had commented this trend was already beginning, many agree the pandemic had sped up the pace of
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