UK spent a record £3bn on streaming music, films and TV in 2019
Digital music and audio | The Guardian 2020-01-03
Summary:
More than 80% of entertainment spending now on internet-based services
The rise in popularity of services such as Netflix, Amazon and Spotify prompted record spending on streaming music, films and TV shows in the UK last year to more than £3bn, as the digital revolution hammered high street sales of DVDs and CDs.
The total UK entertainment market, which also includes the video games sector, grew by 2.4% to hit a record £7.8bn in 2019, according to the latest annual sales and spending figures from the Entertainment Retailers Association (ERA).
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