Tuesday, August 29, 2017

Movie Ticket Purchases Peaked in 2000; So Did Voice

It might only be a coincidence, but it looks like purchases of movie tickets peaked right around the time voice minutes of use did, in the U.S. market, and the same year voice accounts globally seemed to reverse trend, as well.

According to Federal Communications Commission data, U.S. long distance usage peaked in 2000. U.S. voice subscriptions (landline) seem to peaked in 2000 as well.  

In other markets, use of fixed lines seem to have peaked between 2003 and 2012. Even U.S. fixed network internet access seems to have peaked, measured in terms of number of subscriptions. The sales softness continued in 2016 and revenue appears to be lower, at least in the U.S. market, again in 2017.  

Culprits could include viewing alternatives such as streaming, bad choices by content producers, a perception of lower value compared to other alternatives. Whatever the cause, it might ultimately be the case that the communications and video entertainment  businesses reached a historic point around the turn of the century.


source: Investopedia

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