Entertainment 2020 Music

Lockdown streaming drives entertainment sales to fastest growth since records began

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More Brits than ever turned to digital music, video and games in 2020 to entertain them during a year dominated by lockdown measures.

Entertainment revenues across these sectors increased by 16.8% overall to a record £9.05bn - the fastest growth rate since records began - according to a report by the Entertainment Retailers Association (ERA).

This growth was driven overwhelmingly by digital services, which saw revenues increase to a new high of 7.8bn. In music, ERA reports that streaming revenues grew by 15.5% to £1.21bn, while the overall music market grew by 6.8% in 2020 to 1.55bn.

While much of the physical music market struggled last year due to stores closing during lockdown, dropping 19.5% overall, the revival of vinyl LPs continued

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