Though the music and video sector has enjoyed a boost from the rapidly growing digital download market, general trading conditions remain challenging. Music retail is continuing to struggle with the onslaught of price deflation and greater levels of competition. The gains made from increased digital sales are not outweighing the continued decline in physical CD album sales. Competition is intensifying with the high street consolidating and online becoming increasingly fragmented. ‘UK Music & Video Retailers 2008’ is a new report published by Verdict Research that examines the dynamics of the UK music and video sector. It provides market shares, market sizes, space, distribution, advertising and forecast market values and volumes to 2012. It also profiles the leading retailer’s key operating statistics including margins, profits, stores, space and sales densities.
Published: November 2008 - UK. |
