ERA has published its numbers for digital entertainment revenues in the UK in 2013 with the headline stat being that streaming and access-based services now make up 26% of the market value.
But that needs to be put into context – that quarter share is across all entertainment forms such as movies and TV as well as music and it also, according to ERA’s definition of “access models”, includes in-app purchases for games. If we peel it back we see that online makes up 63.6% of the music sector (£663.8m in value) while physical stores account for 36.4% (£379.2m). Music overall generated over £1bn in revenues, down 0.5% from 2012. ERA lays the blame for this decline on “an exceedingly poor release schedule of UK repertoire” last year.