Updated Jan 30, 2018

Theaters face a power struggle as digital takes over

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On-demand video rental services get awards season boost

Data: PwC and Digital TV Research; Chart: Axios Visuals

Over the last decade, transactional video on-demand (TVOD), which are services that sell or rent content on a one-time basis, have largely been challenged by the rise of subscription and advertising-based streaming services that allow users to access hundreds of titles for a monthly or yearly fee.

Case-in-point: Companies like Apple and Amazon, which still sell and rent content to users, have both invested heavily over the past year in building up their own subscription streaming platforms (SVODs).

Go deeperArrowJan 14, 2020

Global box office hits record at $42 billion

Box office at Regal South Beach. Photo: Jeff Greenberg/UIG via Getty Images.

The global box office hit an all-time high of more than $42 billion, according to numbers released Friday by Comscore.

Why it matters: That success can be attributed to monster growth in movie-going overseas. The international box office was up 4% in revenue last year, while the North America box office was down 4% from its record high of $11.88 billion in 2018.

Go deeperArrowJan 10, 2020

A year of media upheaval

Illustration: Sarah Grillo/Axios

2019 was a transformative year for the U.S. news media industry, but it was also one of the most turbulent points in its history.

The big picture: There were enormous business challenges, which resulted in an unprecedented number of layoffs, desperate product maneuvers and fire-sale deals.

Go deeperArrowDec 21, 2019