UK Digital entertainment downloads top £1bn for first time in 2012

From The Guardian:

Downloads of music, TV shows, films and video games topped £1bn in the UK for the first time in 2012, with digital entertainment sales now accounting for almost a quarter of the market.

But the growth in legal downloading was still not enough to offset the continuing decline of physical sales of CDs, DVDs and video games, which still account for 75% of the market, and plummeted by 17.6% last year, spelling further gloom for the high street.

Added together, the overall UK home entertainment market declined by 12% last year to £4.21bn.

According to the Entertainment Retailers Association, digital media sales in Britain rose by 11.4% year on year to £1.03bn. Digital music sales rose 15% year on year to £383m, although the figure excludes revenues from streaming services such as Spotify, We7 and Deezer.

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