Video games is no longer the biggest entertainment medium in the UK

[Gamernyc78]

Video games is no longer the biggest entertainment medium in the UK

For the first time in over ten years, video games is not the UK's biggest entertainment medium. ERA, which is the UK tr…

www.gamesindustry.biz

The the first time in over ten years, video games is not the UK's biggest entertainment medium.

ERA, which is the UK trade body representing video, music and games retailers, says that revenue made by video games in the UK reached £4.74 billion, a rise of 2.9% over the year before. That includes sales of digital and physical video games, covering PC, mobile and consoles.

However, revenue from video-based content grew 10% to £4.9bn, driven by subscription services such as Netflix, Disney Plus, and Apple TV. Subscription revenue is worth 89% of the video market, ERA says.

 

[shrike0fth0rns]

Video games is no longer the biggest entertainment medium in the UK

For the first time in over ten years, video games is not the UK's biggest entertainment medium. ERA, which is the UK tr…

www.gamesindustry.biz

The the first time in over ten years, video games is not the UK's biggest entertainment medium.

ERA, which is the UK trade body representing video, music and games retailers, says that revenue made by video games in the UK reached £4.74 billion, a rise of 2.9% over the year before. That includes sales of digital and physical video games, covering PC, mobile and consoles.

However, revenue from video-based content grew 10% to £4.9bn, driven by subscription services such as Netflix, Disney Plus, and Apple TV. Subscription revenue is worth 89% of the video market, ERA says.

Good thing Sony is well positioned in both.

 

[KiryuRealty]

Soccer hooliganism is back on top, baby!

 

[xollowsob]

Why pay for a console, games and mtx to get the same dopamine rush the normies get from scrolling tik tok for free.

Hopefully tiktok et al will crash the gaming industry.

 

[Zzero]

Good thing Sony is well positioned in both.

Wait, which video subscription service do they own?

 

[thicc_girls_are_teh_best]

Why pay for a console, games and mtx to get the same dopamine rush the normies get from scrolling tik tok for free.

Hopefully tiktok et al will crash the gaming industry

Sleepy Brown how many alts are you making this week, bro?

Anyway..."HOLLYWOOD IS SAVED!!"...eh, not really.

 

[AshHunter216]

Wait, which video subscription service do they own?

They own FUNimation and Crunchyroll, which are pretty big for those of us who watch anime in the US. I think they also own a few shows that are popular on streaming services.

 

[xollowsob]

Sleepy Brown how many alts are you making this week, bro?

Swing and a miss, my only alt was Night Sky.

 

[KiryuRealty]

They own FUNimation and Crunchyroll, which are pretty big for those of us who watch anime in the US. I think they also own a few shows that are popular on streaming services.

They do, Sony owns Aniplex, which is the production studio for most of Netflix' anime shows.

 

[John Elden Ring]

The the first time in over ten years, video games is not the UK's biggest entertainment medium.

ERA, which is the UK trade body representing video, music and games retailers, says that revenue made by video games in the UK reached £4.74 billion, a rise of 2.9% over the year before. That includes sales of digital and physical video games, covering PC, mobile and consoles.

However, revenue from video-based content grew 10% to £4.9bn, driven by subscription services such as Netflix, Disney Plus, and Apple TV. Subscription revenue is worth 89% of the video market, ERA says.

In terms of individual products, Avatar: The Way of the Water was the best-selling video title of the year, with 560,000 units sold.

It's the first time since 2012 that video games wasn't the No.1 entertainment medium in the UK.

ERA's data is a mixture of figures suppled by GfK, Official Charts Company, Omdia and Futursource.

Music revenue reached £2.2bn in 2023, which is up 9.6% year-on-year and just a fraction off music's best-ever year (which was 2001).

Across all three entertainment mediums, 92% of sales where via digital downloading or streaming.

ERA also shared how the various markets are performing compared to before the COVID-19 pandemic. Video game revenue in the UK for 2023 vs 2019 is up 29.2%, video is up 88.3%, and music grew 38.8%.

Video games is no longer the biggest entertainment medium in the UK

For the first time in over ten years, video games is not the UK's biggest entertainment medium. ERA, which is the UK tr…

www.gamesindustry.biz

 

[Gamernyc78]

They own FUNimation and Crunchyroll, which are pretty big for those of us who watch anime in the US. I think they also own a few shows that are popular on streaming services.

They also have "Core".

 

[Arc]

Market that thinks FIFA, CoD, and Grand The Auto 2013 are the only videogames, gets tired of videogames

 

[Nhomnhom]

That is what they get for being one of the few places where people still buy Xbox.

 

[KiryuRealty]

They also have "Core" now.

Core has been around since the dawn of 4K TVs, it just wasn’t available on anything but Sony Smart TVs and a dedicated streaming box that had very limited availability. It was originally called Bravia Core and was just renamed to Sony Pictures Core last year.

 

[Gamernyc78]

Core has been around since the dawn of 4K TVs, it just wasn’t available on anything but Sony Smart TVs and a dedicated streaming box that had very limited availability. It was originally called Bravia Core and was just renamed to Sony Pictures Core last year.

I just remember "Core" magazine but great they also have "Core"

 

[KiryuRealty]

I just remember "Core" magazine but great they also have "Core"

Oh yeah, wasn’t PlayStation Core the predecessor to PlayStation Plus, or am I mixed up on that one?

 

[Gamernyc78]

Oh yeah, wasn’t PlayStation Core the predecessor to PlayStation Plus, or am I mixed up on that one?

Qore/Core sometimes came with free demos and stuff.

Qore (pronounced "core") was a monthly subscription-based interactive online magazine for the PlayStation Network and replaces the Jampack series of disks offered by PlayStation Underground. Available only in North America, the service offered high definition videos, interviews, and behind-the-scenes footage pertaining to upcoming and recently released PlayStation games. It also offered exclusive access to game demos and betas. The product was available to download to the PlayStation 3 from the PlayStation Store, where users were able to choose to purchase individual episodes or an annual, 13-episode subscription.[2] PlayStation Plus subscribers received Qore free of charge for the duration of their subscription. The magazine was presented by Veronica Belmont & Audrey Cleo and later Jesse 'Blaze' Snider & Tiffany Smith.