The superfast connected future would indicate the future of media consumption is all about either streaming content or downloading it, not buying actual physical media. But reports indicate the decline of the physical entertainment market is slowing up rather than accelerating towards oblivion.
Taking the sales of movies, music and games into account the physical goods market shrank by only 3% in the second quarter of this year. Compare that with a 7% decrease over the same period of last year and that's a relatively dramatic change.
Cross the streams
The decline of video content has slowed too, despite the increases seen across Netflix and Amazon Prime for streaming subscriptions. The launch of Ultra HD Blu-ray towards the end of the year may help slow the shrinking of the market even more.
Where things aren't so rosy is on the music side.
Combine the launch of Apple Music, and it's 11 million-or-so subs, with the continued growth of the Spotify behemoth, as well as a host of smaller services, the sales of physical music media is continuing to decline with sales down £3 million year-on-year.
Via MCV.