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UK consumers spend more than £100 million a week on streaming

Total spend during first half of the year topped £2.7 billion

New figures from the Entertainment Retailers Association reveal UK consumers are now spending over £100 million a week on streaming video, music and games.

The figures for the first half of 2019 showed a total spend of £2.7 billion.

Expenditure on video grew by 6.4 per cent in the first half of 2019 to £1.07 billion with the continuing decline in DVD and Blu-ray sales easily outweighed by the 18 per cent (£130 million) increase in digital revenues.

According to the ERA, Bohemian Rhapsody was the most popular video during the time period, with 1,454,671 total video units sold.

ERA CEO Kim Bayley said, “With January-June historically the quietest half of the year, this is another great result for entertainment. Digital services and physical retailers alike continue to innovate to expand the market for music, video and games.”