The upcoming launches of IPTV services will accelerate the decline in free-to-air viewing and revenues and curb the growth of pay-TV in the next five years.
Film, TV and home entertainment distribution revenues in Australia are projected to fall by 3.1% to $2 billion in 2013-2014 due to the continuing decline in DVD and Blu-ray sales.
Australian home entertainment distributors have rejected a new report which forecasts the demise of online purchases of DVDs and Blu-rays as well as CDs.
Australian cinemas face a small but steady decline in revenues over the next five years due to piracy, streaming services, digital and pay TV, according to a new report.
The Australian pay-TV sector is projected to post $5.3 billion in revenues and $565.5 million in profits in 2013-2014.
Australia's screen production sector can look forward to modest growth in revenues and profits over the next five years, according to a new study.
The rental of DVDs and Blu-rays will continue to fall sharply over the next five years as consumers migrate to online platforms and pay-TV, a new report predicts.
Revenues at Australian cinemas this financial year are projected to drop by 2.5% to $1.4 billion but profits are expected to improve slightly to $140.8 million.