The convenience and affordability offered by the web has likely precipitated this shift towards online streaming and, perhaps, paves the way for a new era in the way we receive and digest entertainment.
Foster City, Calif. (PRWEB) April 23, 2012
Although rentals and purchases of DVD and Blu-ray discs remain commonplace, these forms of delivery now compete with new technology that allows films to be delivered online in a matter of seconds. Since 2011, the number of movies watched online has grown 135 percent, from an estimated 1.45 billion to 3.4 billion.
“More movies are viewed online than via all other physical formats combined,” said Kevin Phang, spokesperson for OnlineDegrees.com. “The convenience and affordability offered by the web has likely precipitated this shift towards online streaming and, perhaps, paves the way for a new era in the way we receive and digest entertainment.”
Film fans can stream their favorites from several online distributors, including Netflix, Hulu and Amazon, and watch immediately or add to a playlist for later. This allows instant gratification and flexibility in viewing schedule may contribute to the appeal of online movie streaming. In addition, the cost of accessing a movie online is significantly lower than the cost of watching a movie using other formats, at an average of only 51 cents per viewing.
“The DVD may be obsolete soon,” continued Phang. “There is no reason to go out and purchase a physical recording when you can watch any movie you want, whenever you want, and cheaply, online.”
OnlineDegrees.com is a leading education resource focused on connecting thousands of visitors with the information they seek about online education and degree programs. Site visitors can easily research schools and connect with the providers of the career training they needed to succeed. OnlineDegrees.com is owned and operated by QuinStreet, Inc. (NASDAQ: QNST), one of the largest Internet marketing and media companies in the world. QuinStreet is committed to providing consumers and businesses with the information they need to research, find and select the products, services and brands that meet their needs. The company is a leader in visitor-friendly marketing practices. For more information, please visit QuinStreet.com.