UK Consumers Spent £100m A Week On Music Streaming!

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UK consumers spent more than £100m a week on digital music, video and games in the first half of 2019, according to latest data from the Entertainment Retailers Association (ERA), a total of more than £2.7bn on streaming services, downloads and gaming credits.

Add in expenditure on physical formats such as CD and DVD and retail revenues of the combined music, video and games sectors grew by a solid 4.5% to £3.3bn in the first six months of 2019 compared with the same period last year.

ERA CEO Kim Bayley said, “With January-June historically the quietest half of the year, this is another great result for entertainment. Digital services and physical retailers alike continue to innovate to expand the market for music, video and games.”

Recorded music was the fastest-growing sector with growth of 9.9% compared with the same period of 2018.

Music’s growth was driven by continuing strong adoption of subscription streaming services from the likes of Spotify, Apple Music, Amazon, Deezer and YouTube Music. Consumers spent £485.9m on subscription streaming in the first half of 2019, 25.8% more than in the same period last year.

The best-selling album was the soundtrack to The Greatest Showman which generated sales of 380,000 units to add to the 1.62m which made it the biggest seller of 2018.

The best-selling track was Lewis Capaldi’s ‘Someone You Loved’ which generated sales of 1.34m units.

Music provided a theme to the video market’s success with the Queen biopic Bohemian Rhapsody the biggest seller of the first six months of 2019 with sales of 1.45m.

Expenditure on video grew by 6.4% in the first half of 2019 to £1.07bn with the continuing decline in DVD and Blu-ray sales easily outweighed by the 18% (£130m) increase in digital revenues.

Revenues in videogames increased 1% over the period to £1.56bn, although games remains by far the biggest sector accounting for nearly half of the combined music, video and games markets. Most successful game of the period was Grand Theft Auto V (361,312 units sold), narrowly ahead of FIFA 19 (360,588).

ENTERTAINMENT RETAIL CONSUMER SPEND H1 2019
CONSUMER SPEND £ (m)   H1 2018 H1 2019 % change
Music Physical £160.9 £138.8 -13.8%
  Downloads £65.0 £48.1 -26.1%
  Streaming £386.1 £485.9 25.8%
  Total Music £612.1 £672.7 9.9%
         
Video Physical £281.3 £215.8 -23.3%
  Digital £724.4 £854.5 18.0%
  Total Video £1,005.7 £1,070.3 6.4%
         
Games Physical £202.2 £184.9 -8.5%
  Digital £1,343.4 £1,376.3 2.4%
  Total Games £1,545.6 £1,561.2 1.0%
         
Total Entertainment Physical £644.4 £539.5 -16.3%
  Digital (inc streaming) £2,519.0 £2,764.7 9.8%
  Total Entertainment £3,163.4 £3,304.2 4.5%

 

TOP 10 ALBUMS H1 2019
  Title Artist Total Units
1 THE GREATEST SHOWMAN MOTION PICTURE CAST RECORDING 380,929
2 DIVINELY UNINSPIRED TO A HELLISH EXTENT LEWIS CAPALDI 229,340
3 STAYING AT TAMARA’S GEORGE EZRA 226,505
4 THANK U NEXT ARIANA GRANDE 225,664
5 BOHEMIAN RHAPSODY – OST QUEEN 221,344
6 NOW THAT’S WHAT I CALL MUSIC 102 VARIOUS ARTISTS 216,355
7 WHEN WE ALL FALL ASLEEP WHERE DO WE GO BILLIE EILISH 200,230
8 A STAR IS BORN MOTION PICTURE CAST RECORDING 174,502
9 WHAT A TIME TO BE ALIVE TOM WALKER 167,718
10 ALWAYS IN BETWEEN JESS GLYNNE 131,527
TOP 10 TRACKS H1 2019
  Title Artist Total Units
1 SOMEONE YOU LOVED LEWIS CAPALDI 1,342,103
2 GIANT CALVIN HARRIS & RAG’N’BONE MAN 969,600
3 SWEET BUT PSYCHO AVA MAX 963,865
4 OLD TOWN ROAD LIL NAS X 930,137
5 7 RINGS ARIANA GRANDE 816,947
6 DON’T CALL ME UP MABEL 766,372
7 WOW. POST MALONE 759,394
8 DANCING WITH A STRANGER SAM SMITH & NORMANI 698,394
9 BAD GUY BILLIE EILISH 667,804
10 SHOTGUN GEORGE EZRA 641,247

 

TOP 10 VIDEOS H1 2019
  Title Total Video Units Sold
1 BOHEMIAN RHAPSODY 1,454,671
2 VENOM 559,381
3 A STAR IS BORN 557,914
4 MARY POPPINS RETURNS 514,687
5 FANTASTIC BEASTS – CRIMES OF GRINDELWALD 490,612
6 AQUAMAN 370,913
7 THE GREATEST SHOWMAN 337,132
8 BUMBLEBEE 280,312
9 SPIDER-MAN – INTO THE SPIDER-VERSE 266,987
10 AVENGERS – INFINITY WAR 262,221
TOP 10 VIDEOGAMES H1 2019
  Title Total Units
1 GRAND THEFT AUTO V 361,312
2 FIFA 19 360,588
3 TOM CLANCY’S THE DIVISION 2 263,520
4 RED DEAD REDEMPTION 2 259,931
5 RESIDENT EVIL 2 239,495
6 DAYS GONE 229,182
7 TOM CLANCY’S RAINBOW SIX SIEGE 175,451
8 CALL OF DUTY: BLACK OPS 4 172,065
9 ANTHEM 165,746
10 FORZA HORIZON 4 144,790
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