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Digital Video Services made more revenues than DVD and Blu-rays in 2016 09 January 2017

According to a new research by Entertainment Retailers Association, investments by digital services such as Amazon, Sky, Apple Music, Spotify, and Google has resulted in sales of music, video and games, keeping £1 billion ahead of where they were four years ago. The research stated that the booming digital services has helped music, video and games markets achieve new all-time record sales of £6.3 billion (7.37bn) in 2016, 3% up from the previous year.

For the first time ever in 2016, the video streaming market became a majority contributing 58% revenues from downloads and subscription video streaming services exceeding those of DVD and Blu-ray discs.

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Roshan Dwivedi

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