11/21/2023 0 Comments Watch shut in 2016 onlineFurthermore, in 2020, the estimated number of movies that began production declined by 45% totaling 447.Īs the number of films and movie attendance plunged during the pandemic, financially imperiling movie theaters, studios were seeking new ways to get video entertainment into homes and grow revenue. The report found there were only 338 theatrically released movies in 2020, a year-over-year decline of 66% from 987 movies in 2019. The report also notes that time spent viewing with subscription OTT grew by 34% in 2020, surpassing one hour (71.8 minutes) for the first time.įewer Movie Releases: Similar to TV shows, the number of movies in 2020 dropped as studios moved release dates into 2021 (and beyond). Mobile video accounted for 14% of time spent. For connected devices share of screen time increased to 17% in 2020, from 13% in 2019. This was, however, a drop from 66% registered in 2019. In 2020, television remains the primary screen for viewing video, accounting for 62% of time spent. Broadcast was the most consistent year-to-year dropping slightly from 230 shows in 2019 to 225 in 2020. Making up the loss was online services, which grew to 537 shows, from 381 in 2019. When looking at platforms, pay-TV accounted for 903 shows, a sizable decline from 1,064 in 2019. This figure has been relatively flat over the past five years. In 2020 there were 1,665 shows, compared to 1,675 shows the previous year. With the estimated total original TV shows (which includes, unscripted, children’s and daytime dramas), the decline was not as great. In the early months of 2021, the number original shows on Netflix have dropped year-over-year by 12%. Moreover, it’s been reported the production slowdown has affected streaming video. With production delays, many television programs were moved to the 2021-22 TV season. In 2020 there were 493 scripted programs, down from the record high 532 programs in 2019. The most streamed film on Netflix was the Secret Lives of Pets which ranked third.įewer TV Programs: With production studios temporarily closed in 2020, the number of original scripted TV programs across broadcast, cable, premium pay and streaming dropped for the first time since the number was tracked over a decade ago. For movies, it was a different story, Disney+ dominated with seven of the ten most streamed films of the year led by Frozen II. The ten most watched acquired series were all on Netflix, led by The Office (the sitcom left Netflix in 2021 for Peacock). The outlier was the Mandalorian on Disney+ which ranked fifth. Revenue from online video subscriptions grew by 35% in 2020, totaling $24.7 billion.įor the year, Netflix had nine of the ten most streamed original television programs (based on minutes streamed), led by Ozark. In 2020, with new launches and more content there were 308.6 million subscribers, a year-over-year increase of 32%. Streaming: Among the drivers in digital entertainment was the increase in online video subscriptions. In 2020 physical entertainment accounted for 11% of total revenue. For the year, physical entertainment revenue totaled $3.5 billion, a decline of 26% from 2019. While in recent years digital revenue has been increasing, in 2020 digital media exploded accounting for an 82% share of theatrical, home/mobile revenue compared to 55% in 2019.ĭespite their continued decline as an entertainment source, in 2020, even physical entertainment generated more revenue than theatrical. ![]() ![]() For the year, digital revenue totaled $26.5 billion, a 33% increase from 2019. Similar to the global market, digital entertainment revenue in the U.S.
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