Hollywood plans to make movies online 45 days after release

LOS ANGELES, Mar 31:  Hollywood is planning to release films online just 45 days after its debut in theatres.

That is about half the time it takes now for movies to become available online after its theatrical release, according to a report from the Wall Street Journal.

The move is likely a result of consumers increasingly turning to streaming services like Hulu and Netflix, rather than more traditional viewing platforms. (PTI)