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LOCKDOWN STREAMING DRIVES ENTERTAINMENT SALES TO £9bn – AND FASTEST GROWTH RATE SINCE RECORDS BEGAN

Locked down Britain turned to digital music, video and games in record numbers in 2020, increasing entertainment revenues by 16.8% to a record £9.05bn

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ERA STATEMENT ON DCMS SELECT COMMITTEE ENQUIRY INTO MUSIC STREAMING

Kim Bayley, CEO of the Entertainment Retailers Association, said, “We welcome the decision of the Digital, Culture, Media and Sport Select Committee to shine a light on the huge economic impact of streaming on the music market. Little more than a decade ago the music industry was on the ropes due to piracy. By providing an attractive, convenient and legal alternative, from which around 70% of the revenue goes straight to the music industry, streaming services have provided the biggest boost to music for a generation.”

HOW BRITAIN ENTERTAINED ITSELF DURING LOCKDOWN

Boom-time for subscriptions – and they’re here to stay Most physical buyers will return Consumers still need persuading to buy first-run video streams Tough times ahead for live music Video and games dominated lockdown entertainment purchases

ERA WELCOMES JUNE 15 RESTART FOR RECORD STORES

Figures reveal music retail is already up to 92% of capacity

ERA PAYS TRIBUTE TO LONG-TIME CHAIRMAN AND INDIE RECORD STORE PIONEER PAUL QUIRK

The Entertainment Retailers Association (ERA) is saddened to hear of the death yesterday (April 2) of former Chairman Paul Quirk. He died at home after a short battle with cancer.

Physical retail disruptions COVID19

Given the unprecedented circumstances regarding Covid19 there are many disruptions to retail services. All of these are noted in the link below which is being updated every hour.

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