The decline in DVD and Blu-ray sales
As streaming services become more popular, there has been a corresponding decrease in the sale of physical media such as DVDs and Blu-rays. Consumers have largely moved away from buying or renting physical copies of movies and are instead opting for digital streaming services. This shift has resulted in an overall decrease in the sale of physical media, resulting in lower revenues for movie studios and distributors.
The rise in digital downloads and rentals
With the growth of streaming services, digital downloads and rentals have become increasingly popular. Consumers can now purchase or rent movies online and watch them immediately without having to wait for physical media to arrive. This has made it easier for viewers to access a wider variety of films, as well as giving them the convenience of watching their favorite films whenever they want.