CHART: Downloading And Streaming Are The Only Movie-Watching Methods Growing Among Teens
For a long time, the most common way to rent and purchase new movies was visiting physical stores like Blockbuster. But after Netflix came along with its DVD-by-mail service in the late '90s - and later, its popular subscription streaming service - companies started devising new ways to get people to rent and watch movies more easily.
So how are young people, who witnessed the twilight of the Blockbuster Age (including the company's bankruptcy in 2010), renting and watching movies these days? According to data from research firm Piper Jaffray, which was charted for us by BI Intelligence, the vast majority of teenagers say they watch movies by downloading them and/or streaming them from services like Netflix and HBO GO (which will soon be available as a standalone platform). In fact, downloading and streaming movies is the only movie-watching method that's growing among teens; retail store visits are in heavy decline, and DVD-by-mail services are a rarity among that age group. Visits to kiosks like Redbox have remained static over the last two years, but it's still nowhere near as popular as downloading or streaming.
BI Intelligence
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
- India not benefiting from democratic dividend; young have a Kohli mentality, says Raghuram Rajan
- Indo-Gangetic Plains, home to half the Indian population, to soon become hotspot of extreme climate events: study
- 7 Vegetables you shouldn’t peel before eating to get the most nutrients
- Gut check: 10 High-fiber foods to add to your diet to support digestive balance
- 10 Foods that can harm Your bone and joint health
- 6 Lesser-known places to visit near Mussoorie