Brits are paying more for music streaming than ever before
The UK economy might be slowing, but a new report shows that Brits aren't averse to paying for the things they love. The Entertainment Retailers Association (ERA) revealed today that sales of music, movies and video games reached a record high in 2017, helped mostly by digital services like Spotify, Valve, Netflix, Amazon Sky, Apple and Google. Over the last 12 months, Brits spent £7.24 billion on music, films and games, an 8.8 percent rise on the previous year. Digital services accounted for 71.9 percent of that, driving the UK entertainment market to its fifth straight year of growth. The ERA's breakdown shows what we've come to expect in terms of winners and losers. In terms of music, physical sales and downloads fell by 3.4 percent and 23.1 percent respectively. Music streaming , however, rose by a whopping 41.9 percent. It's a similar picture for films, which saw both physical retail and rental sales fall drop again last year (by 17 percent and 16.3 percent). M...