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Broadcast News
22/10/2001
ON-LINE DVD SALES TO GROW BY 566 PER CENT
ON-LINE sales of DVD video are set to rise by an incredible 566 per cent by 2005 according to a forecast by media analysts, Screen Digest, as part of a new, definitive report, "Entertainment E-commerce: Market Assessment and Forecasts."
At present, the (USD) $700 million e-commerce market for packaged entertainment software follows the traditional retail market place, which is dominated by sales of music products, followed by computer games and video. However, in 2005, whilst this order is predicted to remain in the traditional market, Screen Digest expects it to be completely reversed for on-line sales, with video sales of (USD) $743 million leading the e-commerce entertainment market followed by games (with sales of (USD) $554 million) and music at (USD) $515 million.
DVD video is already the most widely available product on entertainment e-commerce sites, sold on 60 per cent of all entertainment websites compared to 55 per cent selling CD audio; 46 per cent stocking VHS and just 30 per cent stocking computer games.
The report identifies UK consumers as the most avid on-line purchasers of entertainment products, accounting for 37 per cent of the European market.
(GB)
At present, the (USD) $700 million e-commerce market for packaged entertainment software follows the traditional retail market place, which is dominated by sales of music products, followed by computer games and video. However, in 2005, whilst this order is predicted to remain in the traditional market, Screen Digest expects it to be completely reversed for on-line sales, with video sales of (USD) $743 million leading the e-commerce entertainment market followed by games (with sales of (USD) $554 million) and music at (USD) $515 million.
DVD video is already the most widely available product on entertainment e-commerce sites, sold on 60 per cent of all entertainment websites compared to 55 per cent selling CD audio; 46 per cent stocking VHS and just 30 per cent stocking computer games.
The report identifies UK consumers as the most avid on-line purchasers of entertainment products, accounting for 37 per cent of the European market.
(GB)
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