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Video streaming services to topple the US Box Office apple cart by 2017 18 March 2015

hocworklead

Online VoD service providers such as Netflix and Hulu will make more money per year than the US movie box office by 2017, according to a new report released by PricewaterhouseCoopers. The report projects that streaming services will be the biggest contributor to the American filmed entertainment industry in four years, as the revenue generated by TV and subscription video on-demand providers reaches almost $14 billion, $1.6 billion more than the amount earned from the traditional cinema box office.

Read the entire story here.

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