Apollo 13
While the last year has been a challenge on several different levels, it has been a watershed moment for in-home entertainment. Hollywood, Borehamwood, and Bollywood have all been warily tracking the gradual shift toward in-home viewing for several years. Streaming services like Netflix, YouTube, Amazon Prime Video, and Hulu all had significant subscribers pre-2019. The floodgates really opened right before and during the pandemic, though, with the launch of Disney+, Peacock, AppleTV+, HBO Max, and Britbox.
The largest of the streaming providers aren’t just providing a platform for playback but are also making massive investments in original content. It is reported that Netflix will spend $17 billion, Amazon Prime Video $11 billion, AppleTV+ $6 billion, and Hulu $3 billion on content creation in 2021. These spending levels put…