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).