For the 11th year in a row, games outsold movies and music in the UK in 2022, according to a new report.
As for music – which includes physical CD and vinyl sales as well as subscriptions to services like Spotify – sales grew 3% but at £1.986 billion the market was still a distant third behind games and video.Physical purchases now account for only 10% of the overall games sector, though this is still taking mobile games and other sales into account. When looking at just physical software sales and digital console sales together, the figures show a 40-60 split in favour of digital.
The report notes that games, video and music have all flourished in the past three years despite the global pandemic and the UK’s fragile economic situation. Since 2019, games sales have risen nearly 24%.While FIFA 23 outsold Modern Warfare 2 to lead the annual software sales chart “Despite pandemic, political uncertainty and recession, entertainment has continued to soar,” said ERA chairman Ben Drury in a statement. “Growth of nearly 40% since 2019 is extraordinary.
“Few would have believed we would retain the huge bounce in revenues seen when the Covid lockdown kept people at home, but these numbers show that even amid recession, people are determined to maintain their spending on entertainment.”
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Naughty Dog says revealing past games too early hurt the studio | VGCNaughty Dog co-president Neil Druckmann has said that announcing previous games too early hurt the studio. Its next game looks set to be revealed closer to release to help combat “work-life balance issues”
Read more »
Forza Horizon leads leave Xbox’s Playground Games to form new AAA studio | VGCSome of the key talent behind Microsoft’s Forza Horizon series has left Xbox’s Playground Games to form a new AAA development studio called Maverick Games.
Read more »
Borderlands movie reshoots taken over by Deadpool director | VGCReshoots for the long-in-development Borderlands live-action film have been taken over by Deadpool director Tim Miller.
Read more »
Footage of ‘unannounced Sony shooter’ allegedly leaks | VGCFootage claiming to be from an unannounced PlayStation shooter has emerged online.
Read more »
Steam has reached 10 million concurrent in-game players for the first time | VGCSteam has reached 10 million concurrent in-game players for the first time.
Read more »
YouTuber Dunkey’s game publishing company announces its first title | VGCThe first game to be published by YouTuber Dunkey's new publishing company has been revealed.
Read more »