ERA: Digital accounted for 72.3% of UK video revenues in 2018

Digital accounted for 72.3% of video revenues in the UK in 2018, but DVD and Blu-ray are still important for delivering the top-selling titles, according to trade body the ERA. The Entertainment Retailer’s Association year-end figures show that last year UK digital video revenues were up 26% year-on-year to £1.689 billion, driven by streaming services […]

BASE: UK video sector grew 10% in 2018

The UK video sector grew by 10% in 2018 taking the total market value to £2.34 billion, according to the British Association for Screen Entertainment (BASE). The BASE figures, based on data from the Official Charts Company and Futuresource Consulting, indicate that 63% of consumers now choose to rent or stream film and TV content, […]

PwC: internet video revenues to overtake DVD this year

Internet video revenues will overtake physical home video for the first time this year, according to a major new international study by PricewaterhouseCoopers. PwC’s Global Entertainment and Media Outlook 2017-2021 claimed that global internet ad revenues exceeded TV ad revenues for the first time last year – with “major digital tipping-points” occurring or due to […]

Vudu launches ‘disc-to-digital’ from mobile apps

Walmart’s on-demand video streaming service, Vudu, is now letting users convert their DVDs into digital titles from its mobile apps. The ‘Disc to Digital’ service lets users convert Blu-ray and DVD discs to digital movies from a compatible phone. The service costs US$2 to convert a DVD to an SD digital title or to convert […]

Video and pay TV spend hits US$251.5bn

The combined home video and pay TV market totalled US$251.5 billion globally last year, according to Futuresource Consulting. The research firm said that the market rose by 3% year-on-year in 2016 and tipped digital video, pay TV and DVD and Blu-ray combined to continue expanding at the same compound annual growth rate for the next […]

UK digital video revenues overtake physical for first time

Digital video revenues from the likes of Netflix, Amazon and Apple overtook physical sales of DVDs and Blu-rays for the first time in the UK last year, according to the ERA. The Entertainment Retailer’s Association said that digital video revenues climbed by “an incredible” 22.8% year-on-year on 2016 to reach £1.309 billion. By contrast, physical […]

UK online video spend to overtake DVDs for first time

UK consumers will spend more money on SVOD services and film and TV downloads than on buying and renting DVDs for the first time this year, according to Strategy Analytics. The research firm predicts that consumers in the UK will spend £1.31 billion on streaming and downloading in 2016 compared to £956 million on DVDs […]

IHS: Netflix causes downturn in physical video spend

There is a “clear correlation” between the launch of Netflix and a decline in spending on DVDs and Blu-rays, according to IHS. The research firm’s ‘Did Netflix Kill the Physical Video Market?’ report said that before Netflix launched its streaming service in the US in 2007, spending on buying and renting movies and TV series […]

UK digital video revenues pass £1bn for the first time

Digital revenues from services like Netflix, Amazon Prime and Sky Store exceeded £1bn for the first time last year, according to new research. The UK’s Entertainment Retailers Association (ERA) claims that it is “almost certain” that video will become a majority-digital business in 2016, after digital video revenues grew by 30.3% year-on-year in 2015. Last […]

DVD viewing drops to just 55% of UK adults

The proportion of adults in the UK that regularly watch DVDs, videos or Blu-ray discs has fallen from 63% in 2012 to 55% in 2013, according to new Ofcom research. The UK broadcast regulator’s Adults’ Media Use and Attitudes Report said that the use of social networking sites was higher, remaining stable at 66% – […]