The ERA Yearbook In Numbers

Tuesday, March 26 2013
The ERA Yearbook In Numbers

And, with a hefty plop, the ERA yearbook for 2013 lands on our desk. It’s the annual publication from the Entertainment Retailers’ Association, pulling together data from across the retail spectrum and taking in all areas of entertainment, from video to music and games.

In keeping with many of the entertainment yearbooks, handbooks and annuals that make their way across our desks, it makes for fascinating reading. Congratulations too to the organisation for being the first out of the blocks when it comes to getting its yearbook out.

It’s even more remarkable when you consider what’s happened to the retail landscape since year-end 2012. As ERA chairman Paul Quirk states clearly in his introduction, the yearbook gives the industry “an opportunity to reflect on what will surely go down as one of the most momentous years in the history of the UK entertainment retailing business”.

As he was penning his piece, HMV and Blockbuster slipped into administration, while its figures showed that the total entertainment market saw sales decline by some 12 per cent, but as he further notes: “Yet amid the bad news, there was clear and definitive evidence of entertainment retail’s ability to reinvent itself.”

He points to the growth in digital sales and says: “Much of the credit for that achievement goes to ERA’s tremendous tally of digital-only members, many of them still effectively start-ups who are positively embracing the opportunities digital technology offers.

“They will become an increasingly important part of our future,” he continues. “But so too will be our store retailers who manage to adapt to today’s radically different market realities.”

After a good read through its pages, we’ve pulled out a few pertinent facts and figures, as well as the fascinating annual top 10 ERA compiles which puts video releases in context with the rest of the entertainment business, ranking video releases alongside games and music in terms of units shifted…

For more on ERA and how to get hold off this book, go to www.eraltd.org

10 – the percentage decline in video sales in value terms from 2011 to 2012, according to ERA’s own Entertainment Monitor. This was slightly less than the overall decline across music, games and video sectors, which totalled 12 per cent

13.5 – the percentage decline in volume terms year on year to 2012, again according to ERA’s Entertainment Monitor. Overall, the decline was 16.7 per cent, with games seeing a whopping fall of almost 50 per cent

38.2 – the percentage slice of the overall entertainment pie that is given over to video…

1,078.4 million – the total worth in pounds of video sales through traditional bricks and mortar stores. It makes up roughly two thirds of the spend on physical product, online stores accounting for almost £530 million

97.9 – the total value of the digital video entertainment market in sales terms in 2012. It represented a 20 per cent year on year rise

6.1 – The share in percentage terms of the video market made up of digital sales in 2912, It’s still lagging behind games (34.6 per cent) and music (38 per cent) in terms of the total

4.2 billion – the total in pounds of consumer spending on video, games and recorded music in 2012

22.4 billion – the total in pounds of consumer spending on home entertainment when you factor in hardware sales too

8,052 – The total number of retail outlets selling video, the highest ever. It includes supermarkets, multiples, specialists chains and independents. It’s the highest ever

27.2 – the percentage of value sales that were over the counter, a category that takes in everything from independents to HMV to outlets such as WHSmith and BHS. The others are supermarkets (almost 40 per cent), home delivery (more than a quarter) and digital (almost six per cent)

13.69 – the average price in pounds of a Blu-ray across retail outlets in 2012. Ironically, the most expensive average price is in the grocery sector. The figure fell by a touch over five per cent; strangely, given its maturity, the average price of a DVD rose to £8.11

10.64 – the decline, in pounds, of the average price of a DVD over the past 10 years. A DVD in 2002, at today’s prices, would be retailing for £18.75, it’s a fall of more than 56 per cent

10.4 – the percentage decline in sales of video in value terms in 2012. The overall market was still worth £1,640 million

12.5 – the percentage decline in value terms of the new release market in 2012, catalogue sales fell slightly less sharply

480,610 – the total Blu-ray sales of The Dark Knight Rises in 2012, out of overall sales of almost 1.7 million units

Entertainment’s Greatest Hits 2012
1. Call Of Duty Black Ops II
2. FIFA 13
3. The Dark Knight Rises
4. The Twilight Saga Breaking Dawn Part 1
5. Our Version Of Events –Emeli Sande
6. Now That’s What I Call Music 83
7. Avengers Assemble
8. Ted
9. War Horse
10. The Hunger Games
The latest Call Of Duty instalment sold 2.672 million units, and while games represented the top two titles, video has more in the top 10, top 20 and top 50 titles than other formats…

For more details on ERA and its Yearbook, head over to here

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