The MPAA says streaming video has surpassed cable subscriptions worldwide

The Motion Picture Association of America (MPAA) reported today that the world’s entertainment market — encompassing both theatrical and home releases — grew to a new high in 2018: $96.8 billion, 9 percent over 2017. In particular, it highlighted the rapid growth of streaming video, which grew to 613 million subscriptions worldwide, an increase of 27 percent over 2017.The report lays out the health of the entire motion picture entertainment industry, and it reports that consum