Digital boom couldn't stop 2012 entertainment slump in UK

2 Jan

Reblogged from paidContent:

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Revenue from digital-format sales of music, videos and games jumped 11.4 percent through 2012 to pass the £1 billion ($1.6 billion) mark in the UK.

According to the country's Entertainment Retailers Association, digital sales reached £1.033 billion, making up more than a quarter of the cross-format total - five percent more than a year ago.

But the association's headline announcement of digital growth masks what is, in fact, a worrying pattern.

Read more… 365 more words

Digital boom couldn't stop 2012 entertainment slump in UK: The good news: digital formats now make up a quarter of UK entertainment sales thanks to 2012 growth. The bad: ongoing physical decline on the high-street means overall sales are shrinking.

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