ERA: Physical Discs Still Coveted for Movie Ownership in the U.K.

It may be a streaming video world dominated by Netflix, but when it comes to owning the biggest movies of the year, DVD and Blu-ray Disc still resonate best among consumers in the United Kingdom.

New data from the Entertainment Retailers Association found that among sales of the Top 20 movies in 2018, more than 74% occurred on physical disc. Among the Top 20 music albums, 61% were sold in the physical format.

Meanwhile, subscription streaming services helped the entertainment market in the United Kingdom reach an all-time-high of £7.5 billion ($9.5 billion) in revenue in 2018, according to new data compiled by the Entertainment Retailers Association (ERA).

For a sixth successive year of growth driven by digital services from the likes of Spotify, Netflix, Amazon Prime Video, Apple and Google, digital revenue accounted for more than 76% of entertainment sales in 2018, according to ERA.

Digital revenue now dominates all three sectors, with digital generating 80% of games revenue, 72.3% of video and 71.3% of music.

The biggest music and video hit of the year, Fox’s The Greatest Showman, sold nearly two-thirds of its combined 4.3 million sales on CD, DVD and Blu-ray. The biggest-selling console game of the year, FIFA 19, sold 2.5 million units, around 75% on physical formats.

“The data shows that if you want a real mass-market hit, you need the reach and convenience of physical formats,” Kim Bayley, CEO of the ERA said in a statement. “The challenge for physical retailers is to tap into this huge market of occasional buyers.”

 

ERA Preliminary Entertainment
Sales Totals 2018 (£m)

2017 2018 % change
Music Physical £459.4 £383.2 -16.6%
Downloads £165.0 £122.6 -25.7%
Streaming £601.9 £829.1 37.7%
Total Music £1,226.3 £1,334.9 8.9%
Video Physical Retail £742.1 £616.9 -16.9%
Physical Rental £40.5 £31.7 -21.7%
Digital £1,341.0 £1,689.4 26.0%
Total Video £2,123.6 £2,337.9 10.1%
Games Physical £792.4 £769.9 -2.8%
Digital £2,750.0 £3,094.0 12.5%
Total Games £3,542.4 £3,863.9 9.1%

 

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