5 Reasons Why Cinema Is Dying And Needs To Evolve (And 2 Ways It Could Do That Instantly)

7. Streaming Services

It should be obvious, this one. A huge part of the reason why cinema is in the trouble it is in is because of the dawn of streaming services.

It’s strange to think that not all that long ago, Netflix was a company that delivered DVDs to your door. Fast forward about fifteen years later, and they are a billion-dollar production company that has one of the most attractive distribution models of any entertainment company in the world.

Watching a new release without the hassle of leaving your living room and without a bunch of strangers, who could be infected with anything these days, sitting around you is a mighty attractive option for anybody. As well as the fact that streaming services also have an extensive back catalogue of films and TV shows that you may wish to view at your leisure.

Over a hundred and ninety million people have Netflix accounts according to recent estimates, and that figure is only going up. Factoring in that many people share their accounts with two to three other people, we could be talking about over five hundred million people having access to a Netflix account.

Putting that figure into context, that’s one hundred and fifty million more people than live in the entire USA.

So, when you look at the ease and wanton expedience of modern times, of course it makes more sense to want to watch the latest releases in the safety or comfort of your own home.