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The Motion Picture Association (MPA) recently released their annual THEME report for 2021. The report tracks the theatrical and in-home entertainment industry domestically as well as globally and includes trending data from several video industries. For the report, the MPA relied on various data sources.
With studios and movie theaters reopening around the world, the global and U.S. entertainment market rebounded from 2020. With studios reopening in 2021, the number of movies in production grew substantially, although, with the lingering impact from the pandemic, movie attendance remained at less than half of 2019. The number of television programs reached record highs as “peak TV” continues unabated and movie production rebounded. Digital continues to be the fastest-growing segment and a significant revenue driver in the home entertainment market, as viewers and content continue to migrate to streaming platforms. Here are some of the highlights.
Total Entertainment U.S.: For 2021 the entertainment (home and mobile) market, consisting of digital and physical (discs) and theatrical, totaled $36.8 billion in the U.S., a year-over-year increase of 14% and a figure even surpassing the record $36.1 billion in 2019. At $29.5 billion, digital accounted for 80% of all dollars with a year-over-year increase of 19%. Digital has been the fastest-growing sector, since 2014 revenue has nearly doubled twice (from $7.6 billion). Theatrical accounted for 12% and physical the remaining 8%.
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Sony Pictures’ “Spider-Man: No Way Home” was the highest-grossing film since Avengers: Endgame in … [+] Getty Images
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