Due to the rise in the coronavirus, many countries across the world are declaring to shut down their boundaries. They have also shut down theatres, malls, educational institutions, and transportation services in order to curb the spread of the disease. Everyone is now staying at home and are maintaining social distancing. Meanwhile, as the theatres got shut, the home entertainment industry is witnessing an enormous rise across the globe. According to the recent research reports, the amount of time spent on streaming sites increased by nearly 20% in the last few days. The researchers also stated that this rise was more than 40% in Spain and Austria. Netflix is currently the most streaming platform all over the world.
It is also reported that the downloads of Netflix leaped to 34% last week in Spain and 57% in Italy. We are already aware that both countries got locked down for the past 10 days. The researchers claimed that the ongoing crisis has proven to be highly beneficial for streaming sites as well as the gaming industry. There was always enormous popularity in online gaming for many years. It got doubled now due to the coronavirus pandemic.
Even television viewing has also become higher from the last couple of weeks. As all the TV channels are reporting about the pandemic 24/7, people are opting to watch the news channels every day.
Even in India, OTT platforms are witnessing significant growth in the period. There are many sites like Netflix, Amazon Prime Video, Hotstar, Eros Now, Voot, Sun Nxt, Zee5 and Hungama Play which are giving a huge library of entertainment to the viewers.