MPAA: global video subscriptions grew to 1.1B, up 26% YoY; global spending on home entertainment grew 23% YoY to $68.8B with digital entertainment making up 76% (Ryan Faughnder/Los Angeles Times)

MPAA: global video subscriptions grew to 1.1B, up 26% YoY; global spending on home entertainment grew 23% YoY to $68.8B with digital entertainment making up 76% (Ryan Faughnder/Los Angeles Times)

Ryan Faughnder / Los Angeles Times:MPAA: global video subscriptions grew to 1.1B, up 26% YoY; global spending on home entertainment grew 23% YoY to $68.8B with digital entertainment making up 76%The number of streaming service subscriptions passed 1 billion worldwide for the first time in 2020, highlighting massive growth
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