November 5, 2008 10:20

Music and video sales 'to be outstripped by games sales'

Research claims games may be biggest sellers this year

Music and video sales 'to be outstripped by games sales'

Sales of computer games are set to overtake combined sales of music and video products such as CDs and DVDs this year, according to a new report.

Verdict Research is predicting that 2008 sales figures will show that £4.64bn will be spent on gaming, compared to predicted sales figures of £4.46bn for music and video, reports BBC News.

According to the Entertainment Retailers' Association (ERA), computer game sales already outstripped sales for music last year, with UK consumers spending £1.7bn and £1.4bn on the two, respectively.

However, Steve Redmond of the ERA begged to differ with the predictions made by Verdict. "Our prediction is that games will overtake video by the end of this year," he said, "but not music and video combined."

Physical sales of CDs have declined over recent years. Although the amount of paid-for music downloads has increased, still only four percent of music sold in the UK is sold digitally.

Read more

Visit NME Video for the latest music videos and artist interviews

Comments

Comments do not always reflect the views of NME, or IPC Media, for guidelines visit our Ts & Cs page

Featured Videos
Latest Tickets
NME Store & Framed Prints
Most Read News
Popular This Week
Twitter
Inside NME.COM
 
New Issue Out Now
Newsletter

Free weekly music news, videos and MP3s in your inbox

On NME.COM Today