Theatrical and Home Entertainment market exceeds $100bn for the first time in 2019Wednesday, March 11th, 2020
New Report: 2019 Global Theatrical and Home Entertainment Market Surpasses $100 Billion for First Time Ever
- Global Box Office Continues Climb to $42.2 Billion; Digital Drives 14 percent Overall Growth in Global Home/Mobile Entertainment to $58.8 Billion
- 76 percent of U.S./Canada Population Went to the Cinema at Least Once in 2019; Young People, Hispanic/Latino, and Asian Population Lead Per Capita Attendance
- New Mobile Viewing Data Finds that more than 85 percent of Children and 55 percent of Adults Watch Movies and TV Shows on Mobile Devices
WASHINGTON — The global entertainment market in 2019 topped $100 billion USD for the first time ever, reaching $101 billion, according to a new report released today by the Motion Picture Association. The 2019 international box office also surpassed $30 billion USD for the first time. Meanwhile, global home/mobile entertainment continued its explosive growth, reaching $58.8 billion.
“The film, television, and streaming industry continues to transform at breakneck pace, and this report shows that audiences are the big winners,” said Charles Rivkin, Chairman and CEO of the Motion Picture Association. “Most importantly, our industry continues to innovate and deliver great storytelling for movie and TV fans — where, when, and how they want it.”
The 2019 THEME Report is a comprehensive analysis and survey of the theatrical and home/mobile entertainment market environment. It provides in-depth analysis of how the film, television, and streaming content industry performed in 2019, as well as an audience demographic survey. This year’s expanded study includes new data on mobile viewing habits of audiences in the United States, including the frequency and time spent on mobile devices viewing film and television content.
The international box office, outside the U.S. and Canada, reached another record high at $30.8 billion. Eight markets had box office totals of $1 billion USD or more.
The U.S./Canada box office was $11.4 billion USD in 2019. More than three-quarters of the population, or 268 million people, went to the cinema at least once in 2019, which is slightly up from 2018 levels. Other important, domestic theatrical findings include:
- Per capita attendance was highest among the 12-17 (4.9 tickets sold per person) and 18-24-year-old (4.7) age groups in 2019, proving that young people can drive box office success. It was also highest among the Hispanic/Latino (4.7) and Asian (4.1) ethnicity groups.
- The gender composition of 2019 audiences was split evenly among men and women.
- The typical moviegoer bought 4.6 tickets per year in 2019.
In 2019, the global home/mobile entertainment market reached $58.8 billion, representing a 14 percent increase compared to 2018. In the United States, it increased to $25.2 billion in 2019, up eight percent year over year. This growth has been driven by the digital market, with the U.S. market up 18 percent and the international market up 29 percent from 2018.
Other home/mobile entertainment findings include:
- The number of subscriptions to online video services around the world increased to 863.9 million and in the United States to 237.2 million, a 28 percent and 26 percent increase from 2018, respectively.
- More than 75 percent of adults watch movies and television shows on online subscription services.
- More than 85 percent of children and more than 55 percent of adults watch movies and/or television shows on mobile devices.
- Daily viewers of movies and/or television shows on mobile devices skew more heavily towards the 18-24 and 25-39-year-old age groups, as well as the Hispanic/Latino and African-American/Black ethnicity groups.
Links: Motion Picture Association