• Online Streaming Services Beginning to Disrupt Traditional TV and Film Industries

    by Caifu Global

    The United States is still the toast of Tinseltown, but Canada is the rising star of the North American film industry. Even though more and more North Americans are buying big-screen televisions and are subscribing to streaming online channels like Netflix and Shomi, the film industry is not slowing down by any stretch. Movie buffs still long to escape the real world in a dark movie theatre during the steamy days of summer, cradling a big bucket of buttery popcorn. Both the United States and Canadian box office totaled $10.4 billion in 2014, down 5 percent from $10.9 billion in 2013, according to the Motion Picture Association of America, Inc. (MPAA).