Apr 28

Online film market to be worth $4.44bn by 2017

A New Report by Global Industry Analysts (GIA) has predicted that by 2017 the global World Online Movies market will be worth $4.44 billion.

The analyst expects growth in the post recession period along with additional drivers such as continued penetration of broadband Internet, rising consumer spending on digital rentals, and the increased adoption of advanced 3D to home markets.