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U.S. Video Consumer Spending to Fall in 2020 for First Time, Analysts Forecast

2020 pandemic innovations
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Analysts at MoffettNathanson are projecting that overall video consumer spending in the U.S. will, for the first time ever, decline in 2020.

After a gain of just 0.3 percent in 2019 to $141 billion, the firm predicts a 5 percent decline, the first ever in its set of data, this year.

A large driver of that 2020 drop is lower box office due to the pandemic, while the rest of the video spending segments, including pay TV and streaming services, are largely following longer-term trends.

Box office will fall to $5.5 billion this year from $11.4 billion in 2019, the analysts project. They expect the box office to rise to $9.7 billion in 2021 before steady declines to $8.5 billion in 2024.

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Boy Pablo has shared the video for his new single ‘Hey Girl’, which features unlikely narration by Tiger King star Rick Kirkham.The clip sees Boy Pablo assuming the alter-ego of Wachito Rico, with Kirkham providing a constant stream of narration as he goes about his day-to-day life.The character is seen heading to a football match with his best friend John in the clip, which proves to have fateful consequences for the pair’s friendship.Describing the visuals, Boy Pablo said he sought inspiration by watching “a whole lot of movies” during the coronavirus lockdown.“After a lot of bouncing ideas back and forth we wanted to create a narrative of Wachito Rico’s love life, and it was natural to start with ‘hey girl’ as the first chapter of his
Tiger King Rick Kirkham stars consequences Coronavirus
Lockdown a sticking point in Pidilite's growth, pricey stock valuations at risk - livemint.com - India - city Mumbai
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Lockdown a sticking point in Pidilite's growth, pricey stock valuations at risk
MUMBAI : Pidilite Industries Ltd’s revenue growth in Q4 slipped, reflecting the huge impact of the pandemic-induced lockdown on home improvement activities. While shares of Pidilite have held steady for most of 2020, the stock was down about 3% in in early deals as investors were surprised by the loss in revenues and the sharp fall in profitability.The 5.8% year-on-year (y-o-y) drop in revenue in Q4 was the first such negative growth in many quarters, unveiling the extent of severity of the lockdown on the company.
India city Mumbai 2020
Heath Ledger - Michelle Williams And Husband Thomas Kail Welcome Their First Child Together - msn.com - Usa - county Williams
msn.com
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Michelle Williams And Husband Thomas Kail Welcome Their First Child Together
US Weekly reporting that the child has now arrived. The baby is Michelle's second child, as she is mum to daughter Matilda, 14, from her previous relationship with the late Heath Ledger.
Heath Ledger Usa county Williams Hollywood Coronavirus
Piers Morgan - Vera Lynn - Katherine Jenkins - Tributes to Dame Vera Lynn: Piers Morgan and Katherine Jenkins among stars paying their respects - msn.com - Britain
msn.com
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Tributes to Dame Vera Lynn: Piers Morgan and Katherine Jenkins among stars paying their respects
died at the age of 103.Dame Vera’s family announced the sad news on Thursday morning, confirming “the passing of one of Britain’s best-loved entertainers” in a statement.“Dame Vera Lynn, who lived in Ditchling, East Sussex, passed away earlier today, 18 June 2020, surrounded by her close family,” they said.
Piers Morgan Vera Lynn Katherine Jenkins Britain 2020 crisis stars Coronavirus Tributes
COVID-19
United States
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Coroner rules 'neglect' as teenager dies after 14 hours without ambulance
Strictly Come Dancing's Shirley Ballas 'to appear on huge rival reality show' following cancer scare
Martin Lewis calls new PIP proposals ‘political hot air’ as people with mental health conditions reach out
Ncuti Gatwa says plot of first episode in new Doctor Who series ‘seemed mad’
Sam Heughan celebrates 44th birthday on Outlander set as cast mates surprise him with cake
How to entertain yourself when you stuck inside due to a pandemic
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