Film consumption on VOD increased drastically in 2020 to 67% of film viewing across all platforms, counterbalancing the 64% drop in cinema admissions due to the pandemic.
The Swedish Film Institute’s annual report published on Wednesday reveals the impact of the Covid-19 crisis on film consumption in Sweden and the clear shift from cinema to streaming viewing.
“2020 was a challenging year for Swedish film, to say the least,” said Josefin Schröder, strategic analyst at the Swedish Film Institute. “The whole value chain was affected, from cancelled and more expensive productions, to loss of revenue for distributors and cinemas,” she noted, underlying the digital development, which “greatly intensified during the pandemic.” But despite all the challenges, interest in film was ‘considerable’ and even surged, according to Schröder.
Here under are some key point summaries from the SFI’s annual report, which provides comprehensive information about film releases, consumption, production funding, financing, gender equality in film for 2020.
For the full SFI report, check: www.sfi.se