Game sales surpassed video in UK, says report
Published: 22nd Mar 2012 00:06:21
Sales of computer games in the UK have surpassed those of videos for the first time, new figures suggest.
The Electronic Retailers Association (ERA) said sales of £1.93bn in 2011 made the gaming industry the country's biggest entertainment sector.
By contrast, sales of DVDs and other video formats totalled £1.80bn, while music pulled in £1.07bn.
However, the games industry has had a bumpy start to 2012, with high street chain Game facing administration.
Major publishers such as Electronic Arts had refused to do business with the retailer over concerns surrounding its financial future.
In the first 11 weeks of this year, the ERA said video sales were worth more than two times those of games.
By comparison over the whole of last year games accounted for 40.2% of the entertainment market, video for 37.6% and music for 22.2%.
Total sales in 2011 for games, video and music fell year-on-year by 3.3% to £4.80bn.
It is an historic development for the games sector ”
"This is a dramatic time for the entertainment market," said Kim Bayley, director general of the ERA.
"It is an historic development for the games sector to have overtaken video last year. Video has long been the biggest entertainment sector. Sales so far this year, however, suggest video is not going down without a fight."
Piers Harding-Rolls, head of games at IHS Screen Digest, backed up this view - suggesting that Game's struggles would see figures across the industry dip, if only for the start of the year.
"If Game Group is significantly downsized as a chain, or if its trading continues to be limited in anyway, it is likely that there will be some knock-on impact on the sales potential for the UK market considering its size and reach as a chain," he told the BBC.
"Catalogue sales look the most exposed, but I expect the impact to be temporary as the other specialist chains, independents and the numerous other retailers, both high street and online, take up any slack left in the market.
"The UK is the most competitive retail games market in Europe - as such I don't believe gaps in the market will be left unplugged for any length of time."
At 09:59:11 in EnglandA convicted robber who went missing from an open prison in Suffolk has been arrested in London.
At 09:52:53 in SportPakistan left-arm seamer Junaid Khan will return to Lancashire this season as an overseas limited-overs signing.
At 09:49:39 in BusinessThe UK government borrowed £107.7bn in the financial year to April 2014, lower than the £115.1bn amount it borrowed the previous year.
At 09:48:40 in SportJersey Scottish ended their Jersey Premiership season with a comfortable 6-0 win over third-placed Jersey Wanderers at the Hockey Club.
At 09:47:50 in EnglandGloucestershire County Council is to review the decision to charge elderly and disabled people who use buses at peak times.
At 09:38:55 in ScotlandA Hawick man has appeared in private at Jedburgh Sheriff Court accused of rape.
At 09:38:50 in HeadlinesA senior Egyptian police officer has been killed by a bomb blast in the capital, Cairo, security officials say.
At 09:36:04 in EnglandA fire brigade in Somerset does not have a written emergency plan to deal with flooding, a union has claimed.
At 09:35:24 in SportPlymouth Argyle striker Marvin Morgan has been hospitalised after falling ill at training on Tuesday.
At 09:35:05 in HeadlinesAustralia has said it will not abandon the search for the missing Malaysia Airlines plane, insisting that the cost of the operation is not a concern.
Harvard CitationBBC News, 2012. Game sales surpassed video in UK, says report [Online] (Updated 22nd Mar 2012)
Available at: http://www.ukwirednews.com/news/1417931/Game-sales-surpassed-video-in-UK-says-report [Accessed 23rd Apr 2014]
News In Other Categories
The South Western Ambulance Service has "failed to deliver the performance required" in answering weekend calls to the South West NHS 111 number, its chief executive has admitted.
Flybe is to offer flights from London after signing a five-year deal with London City Airport.
Pakistan left-arm seamer Junaid Khan will return to Lancashire this season as an overseas limited-overs signing.
A protest has taken place against plans for an opencast mine in the Rhymney Valley.
Eight major renewable energy projects, expected to support 8,500 jobs, have been given government approval.
Legendary rock group Led Zeppelin have released two previously unheard recordings ahead of the reissue of the band's first three albums in June.