UK Entertainment Spend To Hit £12bn By 2010, Says Informa

Television subscription and pay-per-view (PPV)/video on-demand (VoD) revenues, mainly from cable and satellite operators, provide the bulk of the revenues – 28% in 2002 and 39% in 2010. The sector will grow by 63% during this period, mainly due to consumers’ conversion to digital packages, says the report.

UK Consumer Expenditure (£m) On Electronic Media And Entertainment
	2002	2003	2005	2010
TV subscription/PPV/VoD	2,883	3,145	3,607	4,711
DVD/video	2,548	2,921	3,004	2,326
Theatrical exhibition	802	818	849	911
Games	1,984	1,499	971	1,706
Music	1,968	1,956	2,007	2,273
Grand Total	10,185	10,339	10,438	11,927
Source: Informa Media Group, April 2003

Digital television will also extend its market share due to a stagnant cinema sector and the music industry’s ongoing battle against piracy, especially peer-to-peer downloads and CD burning, says Informa.

In the home entertainment sector, DVD growth is expected to be rapid, but not substantial enough to offset the shortfall from VHS losses.

The group released equivalent figures for the US market which showed similar rates of growth, despite the cyclical nature of the games industry, the impact of piracy on the music sector and the decline of the VCR/VHS market (see US Entertainment Spend To Pass $120bn By 2010, Says Informa).