Disney's Frozen helps drive 2.2 per cent rise in entertainment sales

Sales of video, games and music products rose to £5.66bn last year, resulting in the second consecutive year of growth for the sector.
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Disney’s Frozen has helped drive a 2.2 per cent rise in entertainment sales of 2014.

According to the Entertainment Retailers Association, sales of video, games and music products rose to £5.66bn last year, resulting in the second consecutive year of growth for the sector.

The association notes that the performance was driven primarily by digital sales growth and DVD sales of the animated Disney movie, Frozen.

Retail Week reports that digital now accounts for about half of music sales, generating £2.8bn last year.

The most successful entertainment product of the year was Disney’s Frozen, which sold more than four million copies, 50 per cent more than the best selling video game, FIFA 15 and more than twice as many copies as the best selling album of the year, Ed Sheeran’s X.

Meanwhile, video games was the strongest performing category, up 7.5 per cent by value to £2.45bn, while video and music fell slightly by 1.4 per cent to £2.18bn and by 1.6 per cent to £1.03bn respectively.

“2014 was a remarkably successful year for retailers and digital services as they continued to invest in the future of the entertainment business,” said Kim Bayley, Entertainment Retailers Association director general.

“More than half of entertainment revenues now com from retail channels which did not even exist a decade ago.

“Too often the debate about the future of entertainment is portrayed as a battle between physical and digital.

“This second successive year of growth demonstrates entertainment is becoming a mixed, multichannel economy in which streaming, digital and physical formats can both prosper, each satisfying different consumer needs.”


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