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Vampires, super villains and Stark Industries bring in the dosh for entertainment firms

Digital media and streaming video sales are up
Thu Jan 09 2014, 16:59
twilight

SALES OF DIGITAL MEDIA AND STREAMING VIDEO USE are on the rise, according to the Digital Entertainment Group (DEG) year end 2013 report.

The DEG report [PDF] said that "total consumer spending" increased by one percent over the previous year and rose to $18.2bn.

It said the year was helped out in no small part by two things, and it fingered as pouring petrol on already good sales fires the Microsoft Xbox One and Sony Playstation 4 (PS4) games consoles.

The report covered the US market only, and a disclaimer said that it is an early take and that more figures will come out soon. This might explain why the report is dubbed "PlaysStation 4" in the published PDF.

So far though, it is all good news for the media outlets, games firms and copyright holders, as US citizens are lining up to throw money at their recent output.

The number of Blu-ray players has increased, as has the number of people using digital streaming services.

Sequels like Despicable Me 2, Twilight Saga: Breaking Dawn - Part 2, and Iron Man 3 were shifted into homes nicely. This market, which the DEG called "Electronic sell through", rose for the first time to an annual total of over $1bn.

"Results were boosted by the growing awareness and acceptance of digital services and products offered by both online and brick and mortar retailers," it said.

"New platforms such as Comcast's digital movie sellthrough service and Target Ticket, and media hub consoles like Microsoft's Xbox One and Sony's Playstation 4 contributed to growth by expanding consumer access to entertainment."

4K televisions also earned a mention, as did Ultraviolet, the cloud-based DVD backup and sharing system. DEG said that this now has a good level of industry and consumer support. Also buoyant are television sales, and DEG said that 38 million HDTVs were sold in 2013. µ

 

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