AfterDawn: Tech news

British Video Association reports UK home video sales up in 2008

Written by Rich Fiscus (Google+) @ 10 Jul 2008 12:55 User comments (4)

British Video Association reports UK home video sales up in 2008 After reading a recent study which concludes DVD ripping in the UK is on the rise you might get the impression the home video industry is in trouble. But according to figures from the British Video Association that's simply not the case. Their numbers indicate that 2008 sales are actually up 3.3% from last year.
“Last year proved a bumper year for the home entertainment industry with 250 million videos sold and DVD accounting for 99% of that. We are delighted to see that the half year 2008 figures reveal an increased demand for home entertainment, especially in the current challenging economic climate," said Lavinia Carey, the organization's Director General.

In fact they're predicting continued growth in spite, or more accurately because of the economic downturn which continues to face the world economy as a whole.

She said “History has shown that in times of economic hardship, consumers find even more value in home entertainment when the leisure pound is stretched as it is. As video is one of the most cost-effective forms of entertainment we would expect to see continued volume growth in our market as consumers tighten their belts in response to increasing economic uncertainty.”

Previous Next  

4 user comments

110.7.2008 13:32

So much for Macrovision's "unbiased" poll

210.7.2008 15:54

Quote:
History has shown that in times of economic hardship, consumers find even more value in home entertainment
I can agree there.

310.7.2008 16:56

"Kick-the-can" anyone?

410.7.2008 18:18

so was not the sky falling due to the magical one eye/legged bandant??

Comments have been disabled for this article.

Latest news

Intel announces: First commercial 5G modem in development Intel announces: First commercial 5G modem in development (20 Nov 2017 16:46)
The world's second largest semiconductor manufacturer, Intel, has announced a major project in mobile chips. The company has introduced a future portfolio for commercial 5G modems. According ....
1 user comment
CCleaner becomes adware, here's how to avoid Avast ads CCleaner becomes adware, here's how to avoid Avast ads (20 Nov 2017 13:00)
One of the more popular Windows cleanup tools, CCleaner, has added Avast ads on to their software. After being acquired by Avast, CCleaner wants you to install the virus protection suite along ....
3 user comments
Tesla's power pack charges your phone like a Supercharger Tesla's power pack charges your phone like a Supercharger (18 Nov 2017 13:25)
Tesla announced yesterday two incredible products that are due in two or three years. However, you might not have the money, nor the interest, to buy either Tesla Semi or Roadster, but there ....
Apple's newest product misses the entire holiday season, hits the stores in early 2018 Apple's newest product misses the entire holiday season, hits the stores in early 2018 (18 Nov 2017 12:20)
Apple has decided to push back one of the products originally revealed nearly 6 months ago in WWDC. The smart speaker, dubbed HomePod, has been delayed further and won't be seen in stores this ....
1 user comment
Tesla unveils two new vehicles, electric semi and super-fast new Roadster Tesla unveils two new vehicles, electric semi and super-fast new Roadster (17 Nov 2017 10:53)
Tesla has today announced two new vehicle prototypes that will bring the total number of Tesla cars, and now trucks, to six. As expected Tesla unveiled their "beastly" semi-truck the first time ....
1 user comment

News archive