TOWID (The Only Way Is Digital)

2013 is clearly set to see digitisation continue apace, with analogue media being displaced by digital media which are typically cheaper to produce and distribute. That doesn't mean that analogue media, such as films shot on 35mm and distributed as 35mm prints to cinemas (each print costing £000s), will disappear, but that bit by bit the industry is moving over to digital content.
Here's some useful stats from this article, about Google buying a 10%, $50m stake in the video distributor Vevo (the joint Sony/Universal venture that you'll have come across if you've watched a few videos on YouTube, given how much of the music industry their artist sales represent):

Earlier this month the Entertainment Retailers Association reported that downloads of music, TV shows, films and video games topped £1bn in the UK for the first time in 2012. Digital music sales grew but revenue from physical singles fell by 44% year on year and albums dropped 11%.

The cinema industry and CD sales remain strong but, like newspapers, which are also seeing circulation declining rapidly as more people access their news online, may not have a bright future. The record set by Skyfall, 2012's Bond movie, may never be beaten: it became the first movie to take in over £100m at the UK box office by the last week in December 2012 (it was already the biggest ever UK cinema hit, and topped $1bn worldwide).

UK acts dominate 2012 US charts

Adele tops the US album sales for a 2nd year running, a feat last achieved by Thriller, while 4 of the top 5 albums were by UK acts. See article below for more details.

Adele joins exclusive club as 21 named bestselling album in the US … again!

Tottenham's finest becomes first recording artist since Michael Jackson to top US album sales charts in consecutive years

Sean Michaels, 4.1.13, http://www.guardian.co.uk/music/2013/jan/04/adele-21-bestselling-album-us-again

Double top … Adele has emulated Michael Jackson after 21 became the first album since Thriller to top the sales charts two years in a row. Photograph: Matt Sayles/AP

For the second year in a row, Adele's 21 was the bestselling album in the US. The English singer has become the first artist since Michael Jackson to produce a record topping the sales charts in both the year of release and the year following.
According to Nielsen SoundScan, 21 sold 4.41m copies in 2012 – just 25% less than the year before, when XL/Columbia moved 5.82m. In fact, 21 hasn't left the weekly top 40 since it debuted, at No1, in March 2011. Adele's success puts the album in a very exclusive club: only three other LPs have scaled comparable heights across two successive years. The feat was last accomplished in 1985, when Jackson issued a little record called Thriller. The previous record holders were soundtracks: West Side Story in 1962/63, and My Fair Lady in 1957/58.
Overall, America's 2012 charts show a major British invasion. Apart from Taylor Swift's Red, which sold 3.11m, all of the top five albums were made by UK acts. One Direction's debut, Up All Night, was the No3 record, selling 1.62m, and their second album, Take Me Home, came in at No5. Mumford & Sons sold 1.46m copies of Babel, making it No4.
On the singles side, Gotye struck gold with his xylophone ditty Somebody That I Used to Know, selling 6.8m copies, almost exclusively digitally. Carly Rae Jepsen's Call Me Maybe rung in at No2, followed by We Are Young, by Fun. All three songs broke the all-time digital record, previously set by Adele's Rolling in the Deep.
As in the UK, there was a dip in overall album sales, from 331m in 2001 to 316m in 2012. But vinyl sales continue to grow year after year, and are up 18% thanks to hits like Jack White's Blunderbuss and the Beatles' reissued Abbey Road. Still, those black lacquer discs form only a tiny part of the pie: less than 2% of all albums sold.
Britain's bestselling album of 2012, Emeli Sandé's Our Version of Events, has never charted in the US.

Any predictions for 2013?